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I think those future changes are happening now. Personally I live miles from anywhere and yet have a high tech job and telecommute. Granted I'm in the minority
by chadcmulligan 10y ago
I think those future changes are happening now. Personally I live miles from anywhere and yet have a high tech job and telecommute. Granted I'm in the minority at the moment, but this will become more common. I suspect we are at peak land value, however time will tell.
- branchless 10y agoYou work in IT, this is not "the norm". Neither of us know how quickly remote work will play out, IMHO not quick. We've seen a concentration in urban areas since the original days of predictions of this, so prepare to be confounded again. We are at peak land value because it was built on credit issuance to the boomers, who are about to start selling down. This is why we have ever lower rates and QE, to counteract this force.
- chadcmulligan 10y ago> You work in IT, this is not "the norm" it will be soon - all jobs are becoming IT jobs, and thats why we're on hacker news for the future not investment advice. > who are about to start selling down yes, this is going to be interesting when this happens. Have you heard others saying this? I've said it a few times and have been met with blank stares.