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Victoria home prices and housing values


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#2821 LeoVictoria

LeoVictoria
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Posted 21 March 2019 - 05:36 PM

As far as I know Viatec doesn't publish a breakout. All you need to do is look at the tech jobs boards and you will see at least half of the jobs being advertised are from out of town firms.

It is good money while you can get it. Risk is that the dollar increases or that we have an economic slowdown as remote workers usually get hit first. It also adds nothing to the local economy other than wages since no product or service is actually created here.

A foreign company can hire someone here for about 25%-50% less than it would cost them for a local resource plus they benefit from much lower health care (US) and social services (EU) costs.

Half the jobs are foreign on tech job boards? Not even close.

125 jobs on VIATEC right now. I’ll be impressed if you can find 10 that are remote work for a US company.

Edited by LeoVictoria, 21 March 2019 - 05:50 PM.


#2822 spanky123

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Posted 21 March 2019 - 06:00 PM

Local income earned from foreign companies creates wealth in Canada.


Sure it does, my point is that it doesn’t build anything here and only lasts as long as we are viewed as cheap labour. In 2004 when the Canadian dollar shot up to $1.10 most of the remote workers and satellite offices here were shut down.
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