Theory: (sum spoilers)
All Happens in Dave's head while he is in a mental hospital because he already passed thru the tragedy and got traumatized for life
He can't live without thinking what he could had done and that explain why if he choose Oz offer and leave his friends behind, then everything dissapears because that it'd be the most unreasonable thing from him to do
Also, The vault represents his sub-concious and inhabilitie to...
You know what? This is a dumb theory :"v yeetus deelectus