by Sean Orr | Glad we could be of help: Vancouver, BC Provides Seattle With Yet Another Excellent Lesson About the Dangers of an Overvalued Housing Market.

The vacancy rate is indeed very low, and so demand is pushing up costs. So, we are to believe that building like crazy will crash property values and, in the aftermath, make the city affordable for the working classes. This sounds like a fantasy.

Meanwhile, Bloomberg gets into the data behind the latest “millennials are fleeing” hysteria.

But are they? Ch-ch-ch-changes in Vancouver’s Net Migration Profile by Age. Maybe when people say “millenials are fleeing the city” what they really mean is “white millenials are fleeing the city”.

But…but…but we built this city on speculation! A Syndicate of Gentlemen.

North Shore Rescue calls out Coors for encouraging out-of-bounds skiing. Yeah…ok, whatever Dad.

The results for The Bridge & Tunnel The Golden Plate Awards are in! Best Atmosphere: Earls. Best design: Cactus Club. Best local brewery: Granville Island. Best Breakfast runner up: White Spot.

Hero of the day: BC man pledges to give away one million pot seeds. Someone should sprinkle them all over the yards of those empty Dunbar mansions.

Satire of the day: Local man proud of Canadian-made ketchup from tomatoes picked by temporary foreign worker.

Bonus: Ain’t no beer like free swamp beer.