As people look to downsize, or take advantage of remote work opportunities to move away from urban centres, Okanagan city puts the word out: we’re open for development
Dan Freeman was living in Surrey, B.C. and hating his job when he figured out a way to work remotely. That key piece made the move out of the Lower Mainland possible, says the 36-year-old, who writes proposals for the development industry.
It has meant a near 10-per-cent growth spike in a five-year stretch for the 37,000-resident community according to the most recent census stats, says Penticton’s general manager of community services and economic development, Anthony Haddad. That’s not bad for a small city that saw most of its development from the 1950s to the 70s, and has only seen population increases of around 0.8 per cent in previous years.
“We have a lot of people up from the coast with bigger property values bringing that here, and we have seen property values increase in Penticton. But with that we have seen new talent move here with business opportunities and development opportunities coming from larger urban centres as well. “We put in offers above asking and people still beat us. It was crazy time, for sure,” Ms. Cabrera says. “We have way more house than what we could have gotten in Squamish.
But remote work also looks different than a few years back. It used to mean someone living in Penticton and flying to Alberta for work, but now it means working on a laptop at the dining room table, says Mr. Haddad.
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