4 ms·
Rents have risen over 30%, salaries have gone up 3-7%. Do you see how that large gap can be problematic? > Economic opportunity is being brought in and it is a
by yardie 4y ago
Rents have risen over 30%, salaries have gone up 3-7%. Do you see how that large gap can be problematic?
> Economic opportunity is being brought in and it is a pro-building area
Money, jobs, and workers are being imported. This does very little for the local employment market because companies that move here also want to move their workforce as well. A lot of new construction is luxury apartments. Not something that a waitress or tour operator will be able to afford.