Vancouver - Good Investment possible?

[Paul Yun]

Considering the absurd housing prices in Vancouver, are there still "good" investments here? After much readings and previous forum discussions, 1% rule (even though it's just a yard stick) is definitely impossible to meet. Positive cashflow is considered very difficult. But I would still like to believe that there cannot be ABSOLUTELY nothing available. Before looking long distance, I wanted to make sure I cover all aspects of my hometown for opportunities.

Is anyone able to share any successful investments or any other insights?

[Theresa Harris]

@Paul Yun  It will be hard.  There are a few people from Vancouver, BC on BP.  Others who are in on BC seem to be looking at places on Vancouver Island (a few towns are workable, many others are similar to Vancouver), the interior in places like Prince George and the Lakes District around the Okanagan.