Portland Oregon vs. Vancouver BC

According to the most recent numbers I can find:
Vancouver median family income for 2004: $56,200. (source)
Portland median income for 2003: $67,900 usd. (source)
Vancouver average house price March 2006: $705,000. (source)
Portland average house price: $318,200 usd. (source)
Converting the Portland numbers to $CAD at today exchange rate gives you an average household income of $77,107 CAD to buy the average house costing $361,347.
Here's a specific example on house prices in Portland: The house I was staying in was located in North Portland, 15-20 minutes out of the downtown core. In Vancouver terms I think it would be approximately like southeast vancouver. This is an older 2 story 'fixer upper' house on a double lot with full basement and some renovations on a quiet street near a major road. The house was recently assessed at $230,000.
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