Just a Gwai Lo fun within prescribed limits [?]

For cities and for young people. Essentially: for some, homeownership locks you in a trunk.

The intelligent people that need to stick around Vancouver are likely renting.

There's no way I can afford to buy any time soon. Even though Vancouver is Richard-sized, house and condo prices and a tight rental market have led me to consider moving back to Vancouver Island.

Links in the article and comments: quite a few people have entire weblogs devoted to the Lower Mainland housing market.