4 ms·
> I have been patiently waiting for the next "bubble" to pop, The moratorium on evictions (due to COVID-19) still lingers on. When it once and finally ends, t
by axiolite 5y ago
> I have been patiently waiting for the next "bubble" to pop,
The moratorium on evictions (due to COVID-19) still lingers on. When it once and finally ends, things will change.
Companies switched to remote work, allowing people more flexibility in where they could live, and giving them fewer expenses. Those companies will either 1) Require their people to switch back to in-office work, or 2) Start to ask why they need to hire US workers in high cost-of-living cities, when remote world could be done from countries with far less expensive employees.
In either case, you'll start to see people shifting where they live, either because it's no longer practical to live in that area, or because they can't really afford it.
So hold tight. I can't tell you exactly what all the changes will look like, but things will certainly change, soon.