News for hackers. Stuff that matters.

A comment on Hacker News' “Who is Hiring?” thread, part 2, remote and locations. Parent comment

Re:Hacker News' “Who is Hiring?” thread, part 2, remote and ... by Retric on Monday July 11, 2016 @09:54PM (#12076220)
Markets can stay irrational for a while, however the crash was a direct result of over supply. Land is plentiful and city's only have reduculys prices through poor infrastructure or artificially reduced development.
[ Parent | on HN ]
Re:Hacker News' “Who is Hiring?” thread, part 2, remote and ... by branchless on Monday July 11, 2016 @10:35PM (#12076365)
Land is plentiful. Land with the correct planning permission is not.

Credit however is not constrained except by a willingness to borrow and on the up this is near-unlimited. Fortunes are made not by doing but by speculating and then at the end the workers pick up the tab.

[ Parent | on HN ]