Living in Vancouver can be pricey.
And renting isn't much cheaper.
No wonder then that parking is also becoming a luxury.
This week someone in the city's upscale Yaletown neighbourhood put their parking space up for sale. Asking price: $45,000.
Parking spaces are a hot commodity in other cities, too.
Things are getting better though.
Although parking can be expensive and frustrating in many cities, millennials generally drive less than older generations, because they have less money or simply don't like cars as much as their forebears (or both).
Even in Vancouver, the demand for parking has dropped as more snake people decide they don't need their parking spaces, preferring to walk, bike or take public transit instead.
"The millennials who are buying in Vancouver don't want parking," Richard Collins, the real estate agent, told CBC News. "They don't need a car."
Ishmael Daro is a social news editor for BuzzFeed and is based in Toronto.
Contact Ishmael N. Daro at firstname.lastname@example.org.
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