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Originally Posted by csbvan
Tofino, Revelstoke, Nelson in BC among others.
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What you find in BC is that areas close to the really nice lakes, or the ones that are in close proximity to developing ski resorts have definitely attracted investment and residents. The most striking example would probably be Kelowna, which in the past attracted mostly retirees from Alberta, is now attracting west coast money. I don't know how much gentrification is happening in Tofino, it's always been expensive there, there's still not much housing and has attracted mostly the same demographic for decades. Same goes for Nelson, it's also always been expensive, but there's been a relatively limited amount of development and the population isn't growing that much. The million dollar properties in the area are sitting on the market, and I think this is more a reflection of what's going on in Alberta. Revelstoke strikes me as a bit of an outlier, as a few decades ago housing there was dirt cheap and there was literally no development. Nowadays with the ski resort maturing into it's own destination prices in the area have shot up and there's significant new development. So I would consider Revelstoke as gentrifying alongside Kelowna, but maybe not at that rapid pace as there isn't quite the summer draw as the Okanagan destinations. Golden might be another one as Kickinghorse has really brought people and investment to the area, but the town itself I always found to be a little depressing. Not sure if that's changed in the last while. The Columbia Valley would be another area that has attracted a lot of development and interest, mainly due to its proximity to Calgary, although personally I've never really liked the area.