News for hackers. Stuff that matters.
Re:Remote work is reshaping San Francisco, as tech workers f... by rsynnott on Sunday August 16, 2020 @04:17PM (#24180885)
I was wondering about that too. In Dublin, which has vaguely similar dynamics (inadequate housing supply, very large presence of tech and other industries which have gone all in on remote-for-now if not remote-forever) rental inventory is up by 60%. Which sounds like a lot, until you look at how tiny it is normally, and how much of what’s showing up to rent is very clearly hastily decommissioned Airbnb stock.
Re:Remote work is reshaping San Francisco, as tech workers f... by disgruntledphd2 on Monday August 17, 2020 @04:12AM (#24185103)
And house prices still haven't started coming down...
Re:Remote work is reshaping San Francisco, as tech workers f... by rsynnott on Monday August 17, 2020 @11:28AM (#24188165)
They may not for a while. Except for new-builds outside Dublin (or marginally in county Dublin but far from the city) they didn't drop much throughout 2008; sales just slowed down. 2009-2011 was where there was really a big drop.