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A comment on Mortgage Rates Jump Above 6%, Putting Pressure on Housing Market. Parent comment

Re:Mortgage Rates Jump Above 6%, Putting Pressure on Housing... by cortesoft on Thursday September 15, 2022 @01:49PM (#32855820)
Why wouldn’t an area want remote workers? Aren’t they a great economic boon to a location? They are basically importing money from another location.
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Re:Mortgage Rates Jump Above 6%, Putting Pressure on Housing... by JumpCrisscross on Thursday September 15, 2022 @01:58PM (#32855941)
> Why wouldn’t an area want remote workers?

The town doesn't want to be all remote workers, or remote workers and $100 cocktails because that's what it costs to keep a bartender. Remote workers (like me) are welcome. We must simply pay market rate, versus having dedicated supply. This seems fair given, as remote workers, we have more choice with respect to which housing market we descend upon.

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