“We take a hit; it’s more expensive for us to live in Vancouver. We choose to live here because it’s where our family and friends are and where nature is,” says one Vancouverite.
– from ‘Thousands of people leaving BC for other provinces’, news1300.com, 16 Aug 2012
The bubble RE has been fuelled by preposterous claims and beliefs about our fine city. People had to tell themselves ridiculous stories to justify overextending themselves into overvalued RE.
“Best Place On Earth” was one.
“It’s Where Nature Is” appears to be another.