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Volkerball posted:It's also consistently ranked one of the top handful of cities in the world to live in. That's how living in big cities works. The cost of living goes up because of the demand, and people pay it because they want to have easy access to the nightlife, food, and events that happen there. There's always people who will accept marginally higher wages and a significantly higher cost of living to live in a place like that, and the number of immigrants coming to Vancouver is a testament to that. Canada's issue is rooted more in its demographics. It's got a very old workforce, to the point that immigration is only a band-aid. Except the immigration problem with Vancouver isn't immigrants coming to work it is quite wealthy high net worth individuals mostly from China stashing money in Vancouver real estate. Comparatively Vancouver is more expensive than Seattle about 150 miles south, but with fewer jobs and lower wages across the board. Like any big city there are large companies with offices and high paying jobs, but comparatively less than other booming coastal cities. I don't live in Vancouver, but from talking to people from there that seems to be the issue.
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May 13, 2019 16:43
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Cicero posted:Googling indicates that rent is lower in Vancouver than Seattle, actually, at least nominally. It might have changed more recently, I think I remember reading it was higher a year ago, but as with everything rent is fluctuating. It looks like there may have been some major double digit price decreases in the last year, looking for a better source. Jack2142 fucked around with this message at 17:34 on May 13, 2019 |
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May 13, 2019 17:30
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