All I can say is after I was done with university, I lived in the Bay Area of California for just over a year. When I moved back to Vancouver, I was very happy to be back. The Bay Area is beautiful, but just never felt like home. Coming back to Vancouver, it was like a breath of fresh air. It was also like going from 5th gear to 3rd gear. Just a bit less of the fast lane.
It is really whatever you are into. I love Vancouver!
Now, when I move back to BC, it won't be to Vancouver. I want a chunk of land by a nice lake somewhere. I will always proudly call Vancouver (Burnaby actually), my home town.