A Research Co. poll, released Feb. 18, 2020, found that 66 per cent of respondents in Metro Vancouver said they expect their children will move away on account of financial constraints. (Pixabay photo)

66% of parents think unaffordability will push their kids out of Metro Vancouver: poll

Survey sees uptick in parents feeling the financial stressors of living in the Lower Mainland

More parents than ever say they expect their kids will be forced to move away from Metro Vancouver due to a lack of affordability, according to a new poll.

Research Co. released findings from a survey Tuesday which asked 623 B.C. parents a number of questions about their finances.

Sixty-six per cent of respondents in Metro Vancouver said they expect their children will move away on account of financial constraints. That’s 24 percentage points more than when the polling company asked the same question in a different survey in 2019.

Parents are likely feeling this way because of their own financial situations, the poll suggests.

About 62 per cent of parents who live in the Fraser Valley and 59 per cent of those in Metro Vancouver acknowledge that saving for the future has become more complicated.

Across the province, almost three-in-five parents, or 58 per cent, say it is currently “very difficult” or “moderately difficult” for them to save money in a bank account.

READ MORE: Victoria, Abbotsford record biggest jumps in rent prices nationwide

Forty per cent of respondents said they struggle to pay for day-to-day expenses such as child care or transportation.

In addition to financial concerns, 53 per cent said they “frequently” or “occasionally” face family-related stress and 51 per cent said they struggle with housing-related stress.


@ashwadhwani
ashley.wadhwani@bpdigital.ca

Like us on Facebook and follow us on Twitter.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Shots fired in Abbotsford, but no victims or suspects found

Incident occurs Tuesday afternoon at Whatcom and Old Yale roads

Sugar Fairy sweetens someone’s day

Anonymous person gifts local with long-sought sugar

Family medicine still available just different in the age of COVID-19

Local health officials send reminder that doctors are still providing care, by phone or video chat

Signs of support to be posted on grounds of local hospitals

Individuals can purchase signs through program of Fraser Valley Health Care Foundation

Agassiz skiier wraps up successful season

Van Vliet places high in B.C. competitions

B.C. records five new COVID-19 deaths, ‘zero chance’ life will return to normal in April

Province continue to have a recovery rate of about 50 per cent

Heavy delays as Coquihalla closes southbound

Highway 5 is closed southbound, between Hope and Merritt

John Horgan extends B.C.’s state of emergency for COVID-19

Premier urges everyone to follow Dr. Bonnie Henry’s advice

B.C.’s first community COVID-19 death was dentist ‘dedicated’ to health: lawyer

Vincent was 64 when he died on March 22 after attending the Pacific Dental Conference

UPDATE: 6.5-magnitude earthquake in Idaho shakes B.C. Interior

An earthquake was reportedly felt just before 5 p.m. throughout the Okanagan

Two inmates at prison housing Robert Pickton test positive for COVID-19

Correctional Service of Canada did not release any details on the identities of the inmates

BC heart surgery patient rarely leaves home

James Jepson is especially vulnerable to the novel coronavirus

BC SPCA launches matching campaign to help vulnerable animals after big donations

Two BC SPCA donors have offered up to $65,000 in matching donations

Quarantined B.C. mom say pandemic has put special-needs families in ‘crisis mode’

Surrey’s Christine Williams shares family’s challenges, strengths

Most Read