4 ms·
Anecdata here. I just rented out my house in Austin last week. We had 14 people vying to sign a lease, and several wanted to bid above the price we are renting
by johnomarkid 6y ago
Anecdata here. I just rented out my house in Austin last week. We had 14 people vying to sign a lease, and several wanted to bid above the price we are renting for. The real sticker - 10/14 were moving from SF/LA/NY because they can now work from home. Our rent is above market in Austin, but way below what they are used to paying.
All that to say, you may see the opposite of a slowdown.
- _bxg1 6y agoSigh.
- mywittyname 6y agoChange is inevitable. What's awesome now might be crap in the future and today's garbage might be the future's treasure.
- pmiller2 6y agoWait until the pay cuts for remote workers hit.
- dan_quixote 6y agoNot to mention the crunch when only ~5% more jobs go full remote in the next few years instead of the "anticipated" 40%.
- masonic 6y agomoving from SF/LA/NY I bet state and city Income tax was a factor.