Re:Nearly 12M Square Feet of Vacant Office Space in S.F
by tlear on Sunday October 25, 2020 @06:43PM
(#24890733)
I think aggregate for the country is almost meaningless, these things are very local.
Toronto residential rentals are dropping but not that quickly. Construction has not slowed and condos are popping up like mushrooms. Prices seem stable for now
There is A LOT of hiring by US companies. Canadian labor is so cheap compared to CA. Every startup past series A seems to be opening a Toronto branch. This is awesome news as it will drive salaries up.
On another positive side we do not have homeless shitting on every corner. Drug addict camps are pretty small and localized and Winter is Coming. Plus courts are actually letting city clear the encampments.
Toronto residential rentals are dropping but not that quickly. Construction has not slowed and condos are popping up like mushrooms. Prices seem stable for now
There is A LOT of hiring by US companies. Canadian labor is so cheap compared to CA. Every startup past series A seems to be opening a Toronto branch. This is awesome news as it will drive salaries up.
On another positive side we do not have homeless shitting on every corner. Drug addict camps are pretty small and localized and Winter is Coming. Plus courts are actually letting city clear the encampments.