> I think parent lives in some start-up bubble full of rich exciters I do. > as where I live (Austria) start-up exists don't move the needle at all. I totally

> I think parent lives in some start-up bubble full of rich exciters I do. > as where I live (Austria) start-up exists don't move the needle at all. I totally believe this as the "% of people who are employed by a startup that has made an exit" is vastly different in Austria vs Estonia. The total population of Estonia is so small that all exit events stand out. This year, there have been about 40 houses sold in the city I live in (pop 100k) [1]. From that only 7 are newer than 20 years. 7. Meanwhile, there are tens of people here who have been part of at least some kind of exit event during the same period and who are now actively looking for their first house. No other event in any other industry generates a sudden need for new real estate. At least not here in Estonia. There's a) extremely limited supply and b) a massive price increase due to extreme increase in demand (well, "extreme" in the local context) [1] https://www.maaamet.ee/kinnisvara/htraru/FilterUI.aspx https://www.maaamet.ee/kinnisvara/htraru/FilterUI.aspx