Cascadia Tech Hub-The Next Big Thing?

Price Tags

microsoft-nordstorm-building-vancouverThe New York Times suggests that smoother immigration policies and Vancouver’s ambitious technological hopes can spark a “Cascadia Innovation Corridor”, noting that Microsoft has already located a Vancouver office here with 750 employees and salaries totalling 90 million annually.

But wait a minute-Nick Wingfield’s article then describes the downer.“One serious obstacle to Vancouver’s tech ambitions is its head-spinning housing costs. The median price for a detached home in the metropolitan area in August was 1.4 million Canadian dollars (about $1.06 million), a 27.8 percent increase from a year earlier, according to the Real Estate Board of Greater Vancouver. In the San Francisco metropolitan area, the median single family home price was about $848,000, according to Zillow.”

The pay is also not as good. Median pay for tech related jobs  in the San Francisco Bay area is  $112,000 a year. In Vancouver it is just under $49,000 in…

View original post 188 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s