[jlos]

>> In fact, many young, smart and talented people just head south to Seattle or the valley because the wages are so much higher, and the economics of staying in Vancouver just don't make sense.

Your claim is especially true if those people have families. 60% of Families said they planned on leaving the city in the next year due to the problems surrounding housing. Rental rates are also a problem with only a 0.6% vacancy rates and of those available only 16% are 2 bedroom and less than 1% are three bedroom.(1)

(1) http://www.theglobeandmail.com/news/british-columbia/familie...