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Remote work. Hundreds of millions of well-off middle class people gained 2 hours of extra time and energy per day from not having to commute. Thats equivalent
by tsywke44 5y ago
Remote work. Hundreds of millions of well-off middle class people gained 2 hours of extra time and energy per day from not having to commute.
Thats equivalent to a population boom.
- prawn 5y agoAnd that puts more people at home looking at their surroundings thinking about how it might make sense to upgrade. "Well, I'll be looking at this place another 7+ hours a day." Which then puts demand on various hardware supplies and tradespeople. In our case, with the real estate market so hot, it makes sense to upgrade. Selling and buying a house has a stamp duty here of $50k on a $1m house, meaning it's fairly easy to justify $50k on internal renovations (updating bathrooms, flooring, etc) rather than upping and moving.