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Stock impact report

Whistler Now Tops Vancouver as Canada’s Craziest Housing Market [Bloomberg Business News]

Vail Resorts, Inc. (MTN) 
Last vail resorts, inc. earnings: 3/9 04:01 pm Check Earnings Report
Move over Vancouver -- you’re no longer Canada’s craziest property market. Benchmark property prices in Whistler, the ski town two hours north, have now surpassed those in the Pacific Coast city. Businesses are buying million-dollar properties to house employees as living costs drive out workers. The cost of visiting has also spiraled, with overnight rates during the winter peak topping anywhere else in the nation. Phil Bonham Photographer: Ben Nelms/Bloomberg Phil Bonham, a 31-year-old ski patroller, has been living out of a 1984 Dodge camper van for four years, unable to afford the surging cost of housing. Styrofoam cutouts are wedged into his windows to keep out the chill during cold snaps, when temperatures can plummet to minus 25 degrees Celsius (-15 Fahrenheit). He doesn’t bother with the propane-fired refrigerator in the tiny kitchen between the driver’s seat and bed -- nothing thaws anyway in winter, and he eats fruits and vegetables immediately be Show less Read more
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