Back in the mid/late 90s as Hong Kong was returning to China, the spike in prices started. I recall Condos in Kits for $200k or so, new build later in the 90s was still sub $300k. The victorians around there were still reasonable as well.
In a few short years it went nutty and prices spiked and they've only been going up since.
Those retiring age sold their places in Van, moved to the Okanagan and prices there spiked as well.
Weather is maybe part of it, setting and scenery certainly are too. Easy access to the Pacific Rim is also part of it.
In a few short years it went nutty and prices spiked and they've only been going up since.
Those retiring age sold their places in Van, moved to the Okanagan and prices there spiked as well.
Weather is maybe part of it, setting and scenery certainly are too. Easy access to the Pacific Rim is also part of it.