Vancouver at the End of 20th Century
During the mid-1990s, Vancouver saw a wave of immigration
that has had a significant economic and social impact. Before China's
takeover of Hong Kong in 1997, tens of thousands of wealthy Hong Kong
Chinese emigrated to the Vancouver area. As a result, real estate prices
skyrocketed, with cost-of-living figures suddenly rivaling those of
Paris, London and Tokyo. New suburbs shot up around Richmond, whose
residents are predominantly ethnic Chinese. By the late 1990s, problems
with Asian economies and the generally poor state of the BC economy
slowed the meteoric economic development seen earlier in the decade.
Click below for more Vancouver History:
Vancouver's Early History
Vancouver's First Settlers
Vancouver History 18th to 19th Century
Vancouver History Turn of the 20th Century
Vancouver History WWI to 1920's
Vancouver History in the 1920's
Vancouver History WWII
Vancouver After WWII to 1990's
Vancouver at the End of 20th Century
Vancouver's Current Real Estate Boom