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The internet has actively _boosted_ real-estate prices. Real estate prices were suppressed pre-internet because transaction costs were high and there was nearly
by listenallyall 2y ago
The internet has actively _boosted_ real-estate prices. Real estate prices were suppressed pre-internet because transaction costs were high and there was nearly zero utility of an unoccupied space.
Airbnb, easy and cheap travel, remote work, property management firms, remote surveillance and access control, etc. And also declining household sizes (many more people living alone) which is seemingly a result of internet/social media/mobile devices.