Catching up with my local news reading last night I stumbled about another new report on millennials. The notion that millennials are fleeing Vancouver is a recurring theme in the Vancouver press, and we have addressed some of the problems in the data used to support that claim before. Sadly, this new article’s use of data is no less problematic, and the topic, as well as the data misrepresentations, are serious enough that I felt they need addressing so as not do distract from the actual real problems that millennials are facing.
There has been some recent confusion that got confounded further about transit-oriented development in Vancouver harbouring a large number of non-primary residence homes. Good data is important in moving forward in Vancouver’s crazy housing market. Without proper context, a couple of data points can serve to paint a very misleading picture of what is happening. So I decided to fill in some gaps on the very narrow question of understanding the CT level numbers that get tossed around.