With the price of real estate in the Greater Vancouver Area having been on the rise for some time, more and more people are looking to Kelowna as a place to call home. Moving from Vancouver to Kelowna offers a variety of benefits depending on your situation. For those with equity in their Vancouver are home, a move to Kelowna can provide you with a reduced mortgage or more available liquid capital for other investments or an enhanced lifestyle. Then there are those who simply can't get into the real estate market; there are thousands of young families who struggle just to make rental payments, let alone save for a down payment on a $1M+ family home. I'm not suggesting real estate prices in Kelowna are not at record highs - they are, but we definitely are not at the point where Vancouver is.