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J*urther, Vancouver was able to attract secondary industry based on natural 9 resources close at hand» such as timber. Walden suggests that the nature of development in Vancouver with housing and industry aide by side forced people to seek a residential area that was unspoiled by industry. West Vancouver offered both quantity and quality. The speculation in West Van- couver was motivated by two factors. The first was a steady rise In the population of Vancouver City that soared from 13»709 in 1891 to 27,010 in 1901 and was to reach 100,000 by 1911*^^ The second was the trend that saw housing move away from the urban core. The city with its social attractions was to be forsaken in favour of more land. The land boom from 1905 to 1913» it must be empliasized, was essentially a paper one. Speculation in West Vancouver occured partly in anticipation of a trend that did not develop significantly until after the First World War. During the nine boom years there was no dramatic increase in the permanent population of West Vancouver. By the fall of 1906 real estate demand was such that the government began auctioning land that it held at Ambleside and Hollybum Oreek. Optimism prevailed in the Capilano District and a major highway was planned to extend six miles into the area from the Capilano River. By 1909 the boom brou^t unreasonably inflated pilces and in 1910 many large blocks of land were subdivided to capitalize on the demand for real estate. At this time many Vancouver residents were Interested in purchasing summer home lots* An example of the inflation of the boom years Is provided by Patterson in The Financial History of West Vancouver. 9 Walden, on. cit.. p. 8 10 Canada Year Book. Ottawa King’s Printer, I9l3t p* 86. • • 5«