Vancouver is a bit of an anomaly, and much of the housing pricing there is being driven by foreign investment rather than occupation rates. I moved out of the

Vancouver is a bit of an anomaly, and much of the housing pricing there is being driven by foreign investment rather than occupation rates. I moved out of the sea-to-sky about 6 years ago (I'm from Whistler) but I seem to recall huge amounts of apartment vacancy in Yaletown and even Coal Harbour areas. From what I've been reading in Canadian news, it seems that many of these properties remain empty and are not in the rental pool as the act as a shell game for foreigners to move money our of other contries (mostly China, but others too I'm sure). SF is a very small city, even compared to Vancouver, and from what I understand, vacancies are almost nil.