Vancouver is not a "Global scale city" (roll eyes).

Vancouver is a safe deposit box for millionaires who worked in China or who are working in China.

Drive through Richmond and the West Side of Vancouver and South Surrey, my dear.

That influx ain't global, unless your definition of global is anyone with roots, of the past 30 years, being within a thousand miles of Shanghai...

... and it is the money from those folks that has driven house prices in Vancouver to dozens of times the average annual local income. 

But you go on dreaming that Vancouver is a world class global scale city like New York and Paris and London if it makes you fell good...