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by potatolicious 4419 days ago
SF prices are driven by intense demand due to the tech industry. Tech continues to import more and more people but there isn't enough room for everyone.

Vancouver prices are driven by speculation, primarily from international investors. The actual demand for housing in the city is comparatively low, and the typical salary for white collar work in Vancouver also doesn't support sky-high prices.

The large disconnect between sale and rent prices represents the large disconnect between who is buying vs. who is actually living in these homes.