[Z3guy]

I never doubted your happiness, just your advice about buying or not. You bring up many valid logical points, but everything about real estate in Vancouver is illogical! Makes no sense, but it continues to rise. I just came back from hk\china and have a different perspective now from their perspective. 5m in hk buys you a nice 1500 sq ft apartment in a nice area like central or repulse bay. When they see what you can get in van for 5m they are laughing! Actual houses in hk are 40m and up.

To answer your question, no I would not buy in ths market, but i feel fortunate I did jump in in 2007.