I fully agree although I am a supporter of leaving that farmland farmland. If a city can't feed itself it shouldn't exist.
Let the costs keep climbing, if you can't afford to live there then don't. Nothing says Vancouver is some magical place that everyone has to work and live in. In many cases you can make the same wage for doing the same job in Vancouver as you would elsewhere but you get the insane price of living to be there.
I actually don't live in vancouver, I'm on the island at the moment. The same crap you're discussing is happening here just were still 1/3 the cost of the mainland.