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Hey look, there is a solution to the housing crisis that the tech community didn't even think of
by buboard 7y ago
Hey look, there is a solution to the housing crisis that the tech community didn't even think of
- lclarkmichalek 7y agoThe article attributes some of the shift to remote work, which would seem to be related to tech?
- TeMPOraL 7y agoIndeed. n = 1, that's what I did.
- mondoshawan 7y agoTangentially. I moved from SV to Austin, and work at the Google office. Not technically remote, since I'm growing a team out here.
- buboard 7y agoYet big tech is not investing in remote work, but into new factory housing or co-suffering spaces.
- rolltiide 7y agothe move somewhere else crowd has always been there they just don't fit the empathic narrative that tech media prefers to elevate
- Barrin92 7y agoit's not a solution to the housing crisis. It's a solution for a minority of the professional class who have the opportunity to work remotely. The majority of workers in large urban areas don't fall into this demographic, blue collar and white collar service sector workers won't be able to work across the country. Not to mention that it'll be interesting to see what happens during the next recession when some of those people are let off and all the remote workers in Boise are a mismatch for the local economy. Which they already arguably are because as the article points out their purchasing power keeps spiking local prices without bringing in local investment and business.
- freddie_mercury 7y agoI agree, if anything it seems like this will entrench and exacerbate income disparities. Now the developers making $200,000 a year are living in a neighborhood where they make 4x the local average and are more easily able to turn it into generational wealth that they pass on. Not saying it isn't a great deal if you can get it, but it doesn't really seem like a solution for many.
- wasdfff 7y agoWhen I lived in columbus there were already new build 1brs asking for north of 1.3k a month and the housinf market is inflating. Developers have seen blood in the water and cost of living will rise accordingly if people with high salaries continue to move into the city.