Burial plots in Metro Vancouver are now so expensive, they’re being compared to real estate
CTV
Burial plots have become such a hot commodity in Metro Vancouver, one spot in a Burnaby cemetery is being sold privately online for $54,000.
Burial plots have become such a hot commodity in Metro Vancouver, one spot in a Burnaby cemetery is being sold privately online for $54,000.
The ad posted on Craigslist indicates the plot has never been used and comes with a “double-depth lawn crypt” that can hold two caskets and two urns.
But it's not just a lone ad. A scan of online marketplaces show multiple listings for burial plots from $5,000 to $12,000 to $25,000 to over $50,000.
Cemetery designer Bill Pechet says demand for spots is climbing in Metro Vancouver. But the region – surrounded by the sea and mountains – is running low on space, driving up the cost of what is available
“Just like housing, which this is a form of, cemeteries are experiencing the same space problems,” Pechet told CTV News.
And just like real estate, those who didn’t get in early may have to pay dearly in order to secure a spot due to a shortage of supply.
“Fundamentally, with our limited land base it’s inevitable that we’re going to be encountering these price increases,” he said.
