Thought this might be a good idea, especially with the census data due to be released early next year.
Just to get things started I was quite surprised to find that the BCstats estimates pegged the lower mainland to have a population of roughly 2.7 million people this year. I had no idea it was that high, I always put it at around 2.5 on a good day. Anyway I put together a little chart trying to predict future growth of the metro and frazer valley as a whole. Of course the numbers are just simple YoY growth percentages, but it is averaged off the last 5 years which saw a substantial boom and bust so seemed to me to be a pretty good sample period. Anyway here is what I came up with:
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I assume that in all likelyhood the fraser valley will grow faster in the future at the expense of the metro but over the last 5 years it hasnt so I didnt bother trying to speculate to what extent it will grow faster.
Thoughts? Anyone else surprised at the population of the lower mainland?