"According to Immigration, Refugees and Citizenship Canada data, there was a 30.5 percent decline in study permits—from 96,360 to 66,990—granted to international students in the first four months of 2020 compared to the same period of 2019."
Rents are falling, condo supply for sale is rising, and this is one major reason why. With most schools and universities transitioning to online learning, this trend will only increase, as students no longer need to pay tens of thousands per year in rent to receive an education from a foreign school.
https://www.straight.com/education/d...-on-bc-economy
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