San Francisco Apartment Rents Crater Up to 31%, Most in U.S.

Re:San Francisco Apartment Rents Crater Up to 31%, Most in U.S. by iso947 on Tuesday October 13, 2020 @10:27PM (#24772530)

Vast majority of those jobs don’t rely on the network effects of major SF/NY/Seatle hubs. There’s little difference To prospects to someone working as a plumber in a town of 30k people vs a city of 3m people.

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Re:San Francisco Apartment Rents Crater Up to 31%, Most in U.S. by dragonwriter on Wednesday October 14, 2020 @04:13PM (#24781019)

> Vast majority of those jobs don’t rely on the network effects of major SF/NY/Seatle hubs.

If you reduce the need to maintain both a worksite for people and a home, while you will increase the need for labor to maintain/service the home and supporting infrastructure somewwhat, it will probably be less than the reduced demand for labor to maintain and service the worksite. The initial effects of a large scale shift to telecommuting is going to include a lot of net physical service/maintenance/support jobs lost.

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Re:San Francisco Apartment Rents Crater Up to 31%, Most in U.S. by kelnos on Wednesday October 14, 2020 @01:38AM (#24773457)

Sure, but you need a lot more plumbers in a city of 3M people than you do in a town of 30k. And those plumbers create demand for housing.

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