Shangri-La

Vancouver real estate industry is booming, but it's a bit unclear to me who is going to be buying all these super-luxurious super-expensive apartments. Take, for example, the ambitiously named Shangri-La, a new apartment tower they have just started building. Not only do the apartment prices start from $2.65 million, it's also going to be a huge new landmark for Vancouver - those of you who have visited us in our 23rd floor apartment know how high it is, but it's nothing compared to the 60 floors Shangri-La will have. I like living this high up, but to be honest I can't even imagine what it would be like to live another 40 floors or so higher. I mean, if I notice I've forgotten something up when I'm leaving, I don't usually bother going back for it because it takes too long...

The apartments, of course, are extremely nice... yes, Michelle pointed them out to me and we spent half an hour day-dreaming and ooh'ing and aah'ing on them. Smallest ones are two and a half times as large as our current flat that is quite a nice size for us, and the penthouse apartment on the 60th floor includes a private roof top garden with BBQ patio, trees and a swimming pool. Kitchens come with wine coolers and top of the range appliences, all bedrooms have a walk-in closet and an en-suite bathrooms.

But honestly, with quite a few of these style apartments popping up lately, it really makes me wonder if Vancouver has enough that rich people that can afford them. I mean, over two million is a lot of money, and I have to say that even if I had that kind of money, I'm not sure I'd want to spend it on a house, let alone something as pompous as that. But I am curious to know who exactly would...

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