this post was submitted on 23 Oct 2024
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Housing Bubble 2: Return of the Ugly
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Fair, but a national mandate that WFH be offered for any jobs that it’s possible to do from home would mitigate the “having to live” in a given locale.
Eh I don't think that would have as big an effect as you think it would. It might move the problem around. Remember around 2021 when the housing markets in nice towns near nature like in Montana went crazy cause suddenly all these tech workers were working from home? The local supply demand got a huge shock since the inflow of money was not representative of the local economy.
Do you really think a bunch of techies are going to redistribute that much? While in theory we could, there’s reasons we tend to congregate where we do, and it’s not only because that’s where the jobs are. Do you really think you could get me to relocate from Boston to say, Flint MI, for any price?
How will work from home affect homelessness in any way? If they don’t have a job, they can’t have work from home. If their job is not based on a computer, they can’t work remotely