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Originally Posted by phone
A great observation and totally agree. The main touchstone I've heard is Hong Kong -- this has been most frequently used in comparison to Vancouver, and there may be some shared DNA in there given the common elements of colonial history and how physical geography helped to shape the built form of each city.
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A large share of the most prominent Vancouver condo developments were literally built by Hong Kong developers and then sold to people living in Hong Kong.
The colonial history point is kind of funny because in some ways we are being colonized by China now, which as the world's primary manufacturing hub has amassed wealth utterly dwarfing Canada. The highest-end properties here in Vancouver are not built for the local underclass. Unclear how long this will go on for due to trade restrictions and capital controls, but in an alternate timeline (not depending on actions in Canada), I think China would have had a very large amount of influence here.