When a position is in a physical location, there is a minimal wage. I am not talking about only the government's attempt to force wages higher, although I know that creates a minimum wage, there is also a free-market's minimum wage. Living in Vancouver, the wages have to exceed the rent of a single-room by at least some margin, so that a participant of the economy can find living in this situation sustainable. Even if the participant has no other choice than to accept a really poorly paid position, he will eventually be evicted, or become useless due to starvation lack of nutrition. This participant ends up living on the street and the employer doesn't want the smelly employee.
Now this is a very base level of living, it is a common ambition to be able to raise and maintain a family with ones wages. That's a different level of rent prices of course.
But these levels also put a necessary minimum wage which is necessary for people to earn or one must stay or go to some other city which at least meets this. Least the worker's savings go to below zero.
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I am looking at these two options and I have got to say, what a let down for someone who went to University instead of buying BTC...