> The price of a typical Vancouver home rose 21 percent to C$775,300 ($584,290) in January from a year earlier, according to the city’s real estate board.

The costs quoted in the article are a bit vague. If one were to assume that by "Vancouver home", she was referring to a "house" located within the city of Vancouver, you would be in for a rude awakening. Average house price is pushing 2M and what that will buy you is a place to tear down in what was/is the less desirable part of the city.

If your talking a 1 bedroom condo in the city, 500k will get you started and the 775k quoted will get you something a bit above the basics.

When you can figure out how your going to pay that mortgage with your "Vancouver tech" salary, and still be able to afford to live, I'm all ears :)