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не соответствовать (The housing problem, both here and elsewhere, is part of a larger global shift (as economist Thomas Piketty points out) from an economy based on wages to an economy based on assets. Currently the world’s growth comes from assets making money rather than wage earners making money. Of these assets, the lion’s share is in the single category of urban land, worldwide. So, anyway, this shift has pushed the values of urban land up and out of sync with regional wages. Housing prices end up escaping their traditionally assumed “real estate fundamental” ratio of four to one, home price to annual wages. That ratio in Vancouver is now 12 to one. (thetyee.ca) ART Vancouver) |
