I comment on these Vancouver stories occasionally because I lived there ( Coquitlam) for five years in the late 90's and saw the beginnings of it then. Condos were still  affordable but that was the era of the leaky condo syndrome and it was strictly buyer beware. Everybody had a story about someone who bought what turned out to be a leaker and got saddled with a share of a large repair bill. At that time I found wages were barely commensurate with the cost of living.  But I digress.

I have kept in contact with friends and colleagues and they're telling me that the Canadians are moving away. Don't feel comfortable there anymore. The homeowners are cashing out as millionaires (of course they are) and the younger ones have just given up and are moving (dare I say it) East. 

Has Vancouver been gutted?