3 ms·
It's understandable that locals see no upside to this trend. These remote-work or second-home urban expats don't add new jobs locally except perhaps wait staff
by randcraw 6y ago
It's understandable that locals see no upside to this trend. These remote-work or second-home urban expats don't add new jobs locally except perhaps wait staff at restaurants or boutique shops. Real estate costs rise. Rents go up. Property taxes climb as do the costs of basic services. People like them exit (as do the budget-based businesses that served them) as the cost of living rises. For locals who aren't well-heeled, gentrification of this kind is strictly a lose-lose deal.