We dont build enough, thats all there is to it. In Edmonton 3 bedroom houses with yards can be bought new for ~350k and they build them like crazy. Here a 1 bedroom condo is the same price or more and people complain about sprawl
and a friend was looking at buying a 1400+ sf house back east for 70k? What's your point? Can you even find a lot anywhere in the CRD for 350k?