Van Life

“What makes these gains so remarkable is that unlike Silicon Valley, London or New York — where the presence of high-paying tech and finance jobs helps explain housing costs — Vancouver has relatively low salaries. As part of their bid for Amazon’s second headquarters, Vancouver officials boasted about having ‘the lowest wages of all North American tech hubs.'” So how did Vancouver, a city of modest salaries and minimal crowds, end up with housing prices so high that even many home owners want the government to step in? NYT: In Vancouver, a Housing Frenzy That Even Owners Want to End.

+ The Economist: Can a new mayor fix San Francisco’s housing and homelessness problems?

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