Low interest rates in advanced countries have pushed money into real estate

Re:Low interest rates in advanced countries have pushed mone... by JamesBarney on Wednesday November 24, 2021 @05:34PM (#29335964)

Everyone wants to live on an acre in the city in a palatial mansion.

But if you have to decide between an hour commute and living vertically plenty of people would choose to live vertically.

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Re:Low interest rates in advanced countries have pushed mone... by mancerayder on Wednesday November 24, 2021 @07:42PM (#29336995)

But factor in hybrid remote and the palatial mansion has become an option again - what's 2 days a week of a hellish commute if you can stretch out on a lawnchair the other 3?

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Re:Low interest rates in advanced countries have pushed mone... by missedthecue on Wednesday November 24, 2021 @05:50PM (#29336112)

I don't know... The suburbs are really popular

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Re:Low interest rates in advanced countries have pushed mone... by JamesBarney on Wednesday November 24, 2021 @05:58PM (#29336191)

Most of the people I know who moved to the suburbs did so for better schools and a larger house.

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