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San Francisco is building skyscrapers like crazy — and there could be a deadly downside

San Francisco is undergoing a construction boom, but building codes for skyscrapers aren't strong enough, according to experts.
The federal minimum wage is far below what a worker needs to earn to afford a one-bedroom apartment.

A minimum-wage worker needs 2.5 full-time jobs to afford a one-bedroom apartment in most of the US

Many minimum-wage workers can't even afford a modest one-bedroom apartment, according to the National Low Income Housing Coalition's annual report. The national housing wage for a one-bedroom apartment of $17.90 far exceeds the federal minimum wage of $7.25.

People are fleeing San Francisco’s housing market for sunny SoCal — here are 10 ways they compare according to people who have lived in bo...

As the tech capitol's housing prices continue to increase, people are leaving in droves and relocating in more affordable places, Southern California included. Here's how people who have lived in both San Francisco and LA say the two cities compare.
Texas is getting more expensive.

20 American cities where life is quickly getting more expensive for the middle class

The cost of living has quickly gone up in these 20 American cities over the past year making it harder for the middle class to live comfortably. The Southwest is becoming more expensive — one major factor in rising expenses is higher gas prices.
People are leaving San Francisco because the rent, as they say, is too damn high.

The San Francisco housing market is so dire that people are leaving in droves — here’s where they’re headed

People are leaving in San Francisco because of out-of-control housing prices. Here's where they're moving.
An apartment in Paris will cost you nearly $2,500 a month.

The 24 most expensive cities around the world to rent a 2-bedroom apartment

Here's how much it would cost to live in the biggest cities around the globe. The average monthly rent of a mid-range two-bedroom apartment is measured by Deutsche Bank and Hong Kong has the most expensive housing.
Bank of Canada Governor Stephen Poloz takes part in a news conference upon the release of the Monetary Policy Report in Ottawa January 21, 2015.

Here comes the Bank of Canada…

The Bank of Canada is expected to hold rates steady at a policy announcement Wednesday morning as NAFTA negotiations look poised to drag into next year and amid concerns about a slowing housing market.

US home values are surging at their fastest pace since before the financial crisis

The median US home value rose 8.7% to $215,600 in April on a year-over-year basis, the fastest increase since 2006, according to Zillow data. San Jose, Las Vegas, and Seattle were the cities that saw the biggest increase over the period.
A rendering of the Floating Island Project in French Polynesia.

A pilot project for a new libertarian floating city will have 300 homes, its own government, and its own cryptocurrency

The Seasteading Institute, which received seed funding from billionaire Peter Thiel, is building an island with 300 homes in French Polynesia. Using a cryptocurrency called Varyon, it will run under its own governance as part of a pilot project.

San Francisco’s housing crisis is so dire that nearly 7,000 people applied for 95 affordable apartments

In San Francisco, nearly 70 people applied for each unit at Natalie Gubb Commons, a new affordable housing complex where residents pay anywhere from $987 to $1,711 per month. Other cities across the US are also facing affordable housing shortages.