Calling the Bay Area congested, incestuous and overpriced compared to Vancouver is a little like the pot calling the kettle black, however. Yes, transit is a million times better in Vancouver. Yes, the cycling infrastructure is at least twice as good as SF and the peninsula. But try driving to or from North Vancouver during rush hour and you will experience some world class congestion.
The recent run-up in housing prices, particularly on the west side of Vancouver, where people have speculated in the housing market has left that part of the city half vacant. It's the same thing you see in London; wealthy foreigners come in, buy a place and use it for only a few weeks/months of the year. It totally wrecks communities.
That said, yeah, I still love Vancouver, but I love working in tech. If you're a software engineer, you really ought to be living in the Bay Area. There's no other place like it.