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A comment on Biden wins White House, vowing new direction for divided U.S.. Parent comment

Re:Biden wins White House, vowing new direction for divided ... by dlp211 on Saturday November 07, 2020 @03:14PM (#25018746)
That isn't a consequence of globalization. I don't want to downplay the seriousness of this, because I agree that is a problem, but not one caused by globalization, but rather NIMBYism. And this goes into my point about security and government.
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Re:Biden wins White House, vowing new direction for divided ... by listenallyall on Saturday November 07, 2020 @03:24PM (#25018866)
Even more so, by Federal Reserve ongoing policy of extremely low interest rates. If the long bond yielded 5% you'd see MUCH lower real estate appreciation, and if it got there quickly, prices would certainly drop significantly.

With that said, there are plenty of affordable places to move to, they just aren't super sexy and cool. But even San Francisco and Brooklyn were completely uncool not that long ago.

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Re:Biden wins White House, vowing new direction for divided ... by chordalkeyboard on Saturday November 07, 2020 @03:25PM (#25018884)
Some would say that outsourcing labor overseas has contributed to this.
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