Vancouver's 'nightmare' housing tax threatens foreign tech talent
This is on top of among the highest housing costs and lowest wages in North America's emerging technology hubs
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Vancouver
VANCOUVER'S technology industry is in danger of becoming collateral damage in British Columbia's push to rein in spiralling home prices.
The surprise decision last week to impose a 15 per cent levy on overseas property investors may make it even harder for Vancouver to attract foreign talent and reach its goal of becoming a Canadian version of Silicon Valley. The city already has two major strikes against it: some of the highest housing costs and lowest wages among North America's emerging technology hubs.
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