YVR

[JeppsOnFire]

According to all the YVR job ads, it seems that pilots on the wet coast are a rare commodity.
Retirements? Growth? Too expensive to live there? Everyone bugger off to Jazz?

[Spirit]

Probably a combination of all those factors plus most (not all) offer very little pay. We all know how expensive YVR is to live.

[KenoraPilot]

Jazz scooping up everything, expensive living conditions......my two cents

[Big Bird Anonymous]

It is expensive to live in YVR because everyone wants to live here. Much like if there are good waves, everyone wants to surf in the same spot. Stay away people, it sucks in Van.

[Black_Tusk]

Yeah the weather sucks and it's impossible to find a rental. You don't want to be here.

[Ancient]

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[HansDietrich]

It is expensive to live in YVR because everyone wants to live here. Much like if there are good waves, everyone wants to surf in the same spot. Stay away people, it sucks in Van.

That's not true. It's not because everyone wants to live there. It's expensive, because foreign citizens are buying up Vancouver property at a rate never before seen. The demand for housing far exceeds the availability.

[wallypilot]

It is expensive to live in YVR because everyone wants to live here. Much like if there are good waves, everyone wants to surf in the same spot. Stay away people, it sucks in Van.

That's not true. It's not because everyone wants to live there. It's expensive, because foreign citizens are buying up Vancouver property at a rate never before seen. The demand for housing far exceeds the availability.

There are several factors affecting the Vancouver real estate market, among which these 2 are both significant. Additionally, the metro Vancouver economy is booming, and we are geographically restricted by ocean to the west, mountains to the north and east, and US border to the south. We can't just grow in any direction like most canadian cities. Scarcity in a growing region is arguably the largest driver of prices.

All These factors together are driving prices.

The foreign influence has been significantly mitigated by the foreign buyers tax, yet prices only dropped on detached housing priced over $2M...prices in the rest of the market are still going up, so I think that shows it was not the only influence.