Yes, that is true - the prices make no sense from a local perspective. However, I heard a keynote by an economist/urban planner, who suggested Vancouver needs t

Yes, that is true - the prices make no sense from a local perspective. However, I heard a keynote by an economist/urban planner, who suggested Vancouver needs to be considered within a global context rather than a local one since it is a very desirable city internationally, and draws buyers from all over the world.