Housing measures designed to stabilize the distorted real estate market have gone too far, according to lifelong Vancouver resident Ric Pow. He and his wife are selling the Point Grey house they've lived in for 17 years — and not by choice, he claims.
"In 2002 when we moved in, our taxes were about $5,000," he said. "We just got our tax assessment for this year and it's going to be $30,000. Frankly, that's money we just can't afford."