The 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…
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