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No need to put up with this! Smart people are everywhere. We can build together remotely. We can make our own companies. If we need to, we can make our own mo
by acapybara 4y ago
No need to put up with this!
Smart people are everywhere.
We can build together remotely. We can make our own companies. If we need to, we can make our own money systems.
- ethanbond 4y agoAll of which require land. You are seeing the exact same effects in places that are highly desirable for remote work. People bring their NYC or SF incomes to places like Austin, Raleigh, Bozeman, etc. and all the same stuff albeit different intensities. Land is finite and it’s an absolute necessity for all productivity.
- deleted 4y ago[deleted]
- blep_ 4y agoWhat work can be done remotely but not from a rented apartment in a LCOL area?
- ethanbond 4y agoAn LCOL area that successfully attracts people doing high wage work (remote or not) actually becomes a high cost of living area. That’s the point. If you are a landlord in a city where median income is $50k/yr and you find out a whole lot of people earning $400k/yr are moving there, what do you do? Unless you’re a complete dummy or want to run a charity for $400k+ earners, you raise rent.
- closeparen 4y agoThere’s not actually that much of a constituency for being on top of the world economically and then living in the exurbs of a third string metro. Some, sure. But by and large people are going to put the kind of incomes that are possible in tech towards living in nice places. And that’s gonna put upward pressure on land values there. Even more so considering how few nice places there are in America.