Quote:
Originally Posted by WarrenC12
Surrey has been predicted to overtake Vancouver for a long time, and it's always just a few more years away. I do think zoning and construction has a lot to do with it, and of course price. People will always pick Vancouver first.
Surrey is also running out of greenfield development sites, so we'll see what happens. I'll predict Langley will continue to grow quickly, Surrey will slow, Vancouver will keep it steady. Vancouver needs Senakw/Oakridge/Heather Lands/Jericho level developments and 4-6 units per lot density to keep going for the foreseeable future to keep growing at these levels.
|
In the last four years (as the population numbers are for 2021-2025) Vancouver slightly out-built Surrey. It has for decades. (19,879 completions, compared to Surrey's 19,712, 2022-2025). There are over 100,000 units already identified for development in the future in Vancouver under the various plans – so easily 20 years potential supply (and easily the same again already in policy that haven’t been submitted by developers yet).
One difference is that these are not net gains - Vancouver saw 3,904 demolitions of dwellings, and Surrey would have been less, as they have more greenfield sites.
Contrary to my expectations, what got built in Surrey in the past 4 years is very similar to what’s been built in Vancouver. If you combine single falmily, duplex and rown houses as ‘ground oriented’, Surrey had 5,294 completions, and the City of Vancouver 5,368. Surrey built more rowhomes, and Vancouver built more duplexes and single family; (many will be laneway rentals). The vast majority of homes were apartments in both municipalities; 14,418 in Surrey and 14,511 in Vancouver.
So it would seem that it’s not what’s being built in new housing that explains the difference between the growth of Surrey’s population, over Vancouver. It would seem to be mostly demographics; Surrey has bigger households (3.0 vs 2.1), more likely to have children in the family (and likely to have more children 1.8 on average vs 1.6 in Vancouver). The proportion of women of childbearing age is quite a bit higher in Vancouver but those residents seem far less likely to have children than those in the same age groups in Surrey.