Lyric discussion by justtocommentonthisonesong 

I think the whole song he's talking about how much he loves her, but he things he will never have her, because he has had such an easy life, and hers has had so many struggles. He thinks he's not good enough for her, but can't stop thinking about her, (her being the Blower's Daughter). The Blower's Daughter loves him back, but is too scared to be in a relationship with him, and is somewhat traumatised by these struggles in her life. She also has had 'No hero in her sky' which might mean she has never had a true lover. This means she wouldn't believe the main singer loves her. She thinks he is just pretending in some way, and her defense mechanism to this is to say that she hates him, and doesn't want to talk to him. She realises later that she said this, which is why she says 'Oh, did I say that I loathe you? Did I say that I want to leave it all behind?' She can't believe she said this when she loved him. The main singer can't stop thinking about her until he finds someone else who loves him back. Anyways, thats the way I interpret it. Sort of a tragic love story, where the lovers are both too shy to believe the other's feelings. This could be totally wrong... but that's the way I see it.

I like your interpretation very much. As you summarize, "Sort of a tragic love story, where the lovers are both too shy to believe the other's feeling"

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