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Yes, it is remote workers who spiked housing, rent costs
- deleted 4y ago[deleted]
- andrewfromx 4y agooh this is great story for https://remoterenters.com/ https://remoterenters.com/ thanks!
- cidergal 4y agoDon't you mean it is our government and economic structure that made housing the shitty investment in the first place? Don't blame individual rational actors.
- thatwasunusual 4y ago> Don't you mean I mean? You are aware that I'm referencing a news article?
- senttoschool 4y agoMaybe they're responsible for 10% of the increase in small cities and towns. I'm guessing that the other 90% was because of zero percent interest rates.
- thatwasunusual 4y ago> I'm guessing [...] Why?
- senttoschool 4y agohttps://www.investopedia.com/ask/answers/12/inflation-interest-rate-relationship.asp https://www.investopedia.com/ask/answers/12/inflation-intere...
- thatwasunusual 4y agoIf only you bothered to read the article itself; > "This housing inflation affected both mortgages and rents, the report said. It concludes that other factors such as low-interest rates [...]"
- hislaziness 4y agoDon't think I understand the argument here. Is it causation vs correlation issue?