Earlier quoted context omitted.
>Its housing is just as unaffordable What? It's not even remotely close.
Not in absolute terms, but it's closer when you compare housing cost vs compensation, I think. The cost of rental housing has jumped up quite a bit recently, too. When I was looking for a place to live in 2015, I saw quite a few condos for rent right downtown for $1700-1800 a month. Now I see units in those same buildings renting for $2300 a month and up. Still cheaper than SV, I suppose? And if you don't mind a bit…
Well no-one is saying that Toronto is better than SV "in absolute terms" either. Just that more tech jobs were added.