I have yet to see any indication that vaping is dangerous, beyond changes in the brain from addiction. There are typically a handful of non-toxic* ingredients, and nicotine is not known to be harmful.
*For consumption, not inhalation. Still, compared to cigarettes, this seems a bit like hysteria.
But if you're comparing vaping to not vaping, in young people, well vaping is going to be a bit more harmful (because everything has risks) than not vaping.
We don't know what the risks are for young non-smokers who take up vaping. We do know that there is some risk they'll become addicted to nicotine, especially because some companies have focussed on making their product more addictive.
This, combined with pre-frontal cortex development in young people, makes it harder for them to make an informed choice.