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Hong Kong is about to spend $80 billion on an artificial island to solve its housing crisis — but critics say it may come at the expense of the ...
Hong Kong this week approved plans to build one of the world's largest artificial islands in an attempt to improve its escalating housing crisis.
A minimum-wage worker needs 1.5 jobs just to afford half the rent for a 2-bedroom apartment in most of the US
To afford a two-bedroom apartment in the US, a minimum-wage worker would need to work about 122 hours a week.
In cities like Seattle and San Francisco, the arrival of tech giants has been linked with skyrocketing house prices.
A startup turning old hotels and offices into housing for San Francisco’s forgotten middle-class is expanding to LA
Starcity, a startup that buys old hotels and commercial buildings and turns them into shared living spaces for San Francisco's middle class, is opening its first residential building in Los Angeles. The new community will offer 31 units of housing in Venice Beach.
San Francisco’s sidewalks are covered with human feces, so the city is launching a ‘Poop Patrol’ to deal with its No. 2 problem
In San Francisco, people call the city's telephone hotline about 65 times a day to report human feces on streets and sidewalks. That adds up to 14,597 calls placed to 311 between January 1 and August 13. Now, city officials are ramping up their response to San Francisco's "poop problem."
San Francisco’s housing market is so out of control, 60% of tech workers say they can’t afford homes
The San Francisco Bay Area's housing market is so bleak, even tech workers are struggling to buy homes. A survey by Blind found that 59% of employees at Bay Area tech companies said they cannot afford to purchase a house.
The housing market is in a slowdown as rising prices and mortgage rates, low inventory, and slow wage growth combine. Americans still see buying a house as a good investment, but fewer people are succeeding at it.
A new study from Zillow suggests that, as housing prices have increased in some US cities, birth rates have declined. Some experts say that, because the US birth rate is at an all-time low, the trend could have a major effect on the future labor force.
San Francisco’s tech boom is so expansive that the city’s median home price rose by $205,000 in the first half of 2018, one of the biggest...
It's one of the the biggest price rises in the city's history, sending the average home value to a whopping $1.6 million. The ever-increasing home values are directly correlated to the tech industry's growing presence in Silicon Valley as giants like Google and Facebook recruit high-earning workers.
San Francisco is still the best city in the world for innovation — here are the 6 cities that threaten to usurp its position of power
San Francisco is the best city in the world for innovation. It held on to the top spot in a 2018 ranking of global cities from business-consulting firm AT Kearney, which measures cities based on their projected levels of influence and innovation.