Re:Markets, Rent and WFH
by njsubedi on Thursday July 02, 2020 @12:15PM
(#23714851)
More companies are now hiring remote staff, so this is certainly going to have a long term effect. The rent might keep dropping, and at some , will there be an equilibrium because more people might start moving in because of the reduced cost of living?
[ Parent
| on HN ]
Yeah if housing dropped to something sensible I'd probably move there. Which is why they'll never be sensible. :)
Re:Markets, Rent and WFH
by SpicyLemonZest on Thursday July 02, 2020 @12:29PM
(#23714997)
Not necessarily. Detroit, for example, just stopped having people show up after it stopped booming. I certainly think it's possible to reach a new equilibrium, but I don't know if SF is going to manage it.