Rapid growth in Langford does not mean people are fleeing Victoria. Let me know when Victoria population begins to decline.
There are a couple of issues with Victoria;
1) The development we are seeing being built today was planned years ago. It's highly unlikely they would be economically feasible with the low income housing mandate. It is less likely that many would get approval to build. What has been set in motion these past few years won't really be seen for a few years yet, and it won't be pretty.
2) I would have entertained the idea of buying a new condo on the water a few years ago but not today. Who want to pay a premium in a declining neighbourhood? It's bad now, but what's it going to be like in a few years after further accelerated decline?
I highly doubt that population growth numbers tabled in 2018 would be accurate if redone today. I am not saying that everyone is *fleeing* Victoria as there is a whole new population moving into free hotel rooms.