Quote:
Originally Posted by Pinion
Oh yes we wouldn't have any idea what being flooded with rich people is like.
We're also well aware of stereotypical Indian preferences, considering Punjabi is our second most common spoken language. Immigrants who prefer the suburbs would be a bad thing here.
|
hah, yeah, i guess you have all the chinese. the real difference between having people flood in to work in high paying tech jobs and having chinese dumping their savings into vancouver real estate is the following: the high paid tech people demand different services. i don't know if your cocktails have hit $15 or your burgers have hit $20 yet, but when you have a lot of solid middle class (100-150k/year) younger people concentrated in an area, and actually living there unlike the chinese, you get commercial lease pressures and sorting that that leads to what we here call gentrification but what you'd probably call something else.
one thing i like about vancouver is that for all that's changed, it's still a pretty blue collar town. even your more fine dining type restaurants are pretty homey and hearty.
my point was that you flood the city with H1B types, you'll really see the difference. it has completely re-made san francisco just since 2010. but then again, the indians (almost none from the punjab, more like the top schools in dehli, hyderabad, kolkatta, etc.) you'll mostly get MAY not be as bad for the gentrification. different patterns of consumption.