That's true. Yet I've heard from one realtor that in some suburbs of Great Vancouver 15% of properties stay empty - pure investment. Vancouver is not the city

That's true. Yet I've heard from one realtor that in some suburbs of Great Vancouver 15% of properties stay empty - pure investment. Vancouver is not the city to live in anymore. Problem is that it is not the city to work in too. Too long commutes - 2 hours to spend on road. That means work day is not 8 hours but effectively 10. That means people asking and company offering higher salaries. That housing situation hurts all other businesses except of real estate quite a lot.