No, it's not ideal, but for my personal lifestyle choices I have no desire to deal with yard maintenance and tasks related to owning a regular single family home, whether in the city limits of Vancouver/Burnaby or in a suburb. I like being very close to the center of downtown and being able to walk most places, or take the Skytrain.
Vancouver is a much more pedestrian and transit friendly city than Seattle or anywhere else in the US outside of Manhattan.
When I compare what $700,000 (USD) buys in the south bay vs what $700,000 converted into Canadian at an exchange rate of 1.29 can buy, Vancouver still comes out way ahead.
Vancouver technology industry salaries are, sadly, significantly lower than Seattle or Bay area, or other large cities in the US (Chicago, Dallas, NY). There's a reason why so many Canadians leave to work in the US.