The area is only about 14% rentals with about 861 households, while the rest are homeowners.Household rent affordability in the area is 61% at about $1,100 and 86.4% above $700.

Statistically, housing prices in Vancouver (GVA) are ~11.5 times household income - almost 74% less affordable than Toronto.  

There's only 610 renter households total.

This strategy works spectacularly well with house hacking, and can bring cash-on-cash returns through the roof but household income must be under the program limits (up to $145,000) to be eligible.

If you grew up in a household with an unhealthy relationship to money it is even more difficult to overcome.I have come to believe that we no longer live in a financial setting where someone with limited knowledge is able to invest in a few mutual funds and a couple of rental properties and forgot about them long term.  

Another great resource to research stats on cities is http://www.city-data.com/city/Atlanta-Georgia.html and https://www.neighborhoodscout.com/ga/atlanta/real-estateMedian household income: Median house or condo value: Median contract rent:Unemployment:Residents below the poverty level: Median resident age: Median property taxes: Crime: ?

I do have some real estate investments that allow me some of the tax benefits for our high income household, but as a whole, we do not want the albatross around our neck of being a landlord or in charge of some fix and flip. 

Given the average household size of 2.5 persons, a total of 6.9 million new housing units would be needed to accommodate the country’s rising population.

Of course there are a ton of rich people that aren't household names that own a lot of property too. 

Pre-screen for income to make sure their household monthly income is over 2.5 to 3 times rent.