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I'm continually surprised by the resiliency of the urban housing real estate market given the remote work transition. Why pay such a huge premium to sit at home

I'm continually surprised by the resiliency of the urban housing real estate market given the remote work transition. Why pay such a huge premium to sit at home? I understand wanting to be where the action is, but e.g. the New York rental market just seems insane.

standardUser 4y ago
People pay to live in urban centers to not sit at home. They're there for that aforementioned action! But on a more practical level, a lot of people enjoy being able to walk to the gym, supermarket, cafes, restaurants, etc and when working from home you get to utilize that luxury even more often. My days are often littered with short-to-medium walks