5 ms·
> as well as real estate price increases in densely populated areas. This particular point made a lot of sense to me given that this already happened in New Y
by alexpotato 4y ago
> as well as real estate price increases in densely populated areas.
This particular point made a lot of sense to me given that this already happened in New York City.
We've seen rents go up 50%+ for "college grad, just started in corporate jobs" style apartments. Yes, part of that is inflation + corps are paying more.
Part of it is also young people saw what it was like during lockdown to live a "digital only" life and realized that meeting people in meatspace is a lot of fun too. Sounds simplistic, in a way, but I also believe there was the whole don't know what you've got till it's gone effect as well.