71–80 of 424 posts
Region-wide, prices fell 2.9% in the Bay Area in 2019; it "feels like" prices merely held relatively steady, and the selling prices I'm seeing the past month or so are on track with that.
Desirable areas will always be (relatively) more expensive. Even if we see significant deflation (which is unlikely given the scale of money printing), these areas (NYC, SF) will probably remain expensive so long as they remain significant culturally and economically. When it becomes uncool to live in SF or NYC, then perhaps people will move to places like Wyoming en masse.
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It's a damn shame, really, the slavish devotion to one's car and spending hours a day sitting in traffic apparently is apparently preferred over actually getting time back in your everyday life. It's like people have adapted to having no life outside of work, and now they're just so bored they'd rather lose that time than just find a new hobby or learn something. I don't think I've ever thought about anything more de…
> It's a damn shame, really, the slavish devotion to one's car and spending hours a day sitting in traffic apparently is apparently preferred over actually getting time back in your everyday life. It's like people have adapted to having no life outside of work, and now they're just so bored they'd rather lose that time than just find a new hobby or learn something. I don't think I've ever thought about anything more…
Wasn't doing that at all. People who want to go to the office and don't have an hourslong commute in traffic aren't the people I'm referring to. I'm referring to the people who have hourslong commutes sitting in traffic. People who are close to their jobs and want to go in, great, it's the fact that a huge percentage of the country drives to work. If you don't commute far to get to work, or perhaps don't even own a car, then I'm not talking about you.
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Not sure what the scam is. Sounds like normal supply and demand.
Forcing artificially low housing supply via legislation.
I'm pretty bearish on the pandemic actually leading to massive change in the number of people permanently working from home. My boss put out a survey a week or two ago among my org (30 or so people), and 70% said that they want to work from the office, full time, 20% said some time or most of the time, and 10% said fully remote. And this is a group of people that would be largely well suited to working from home duri…
> young, no kids, etc There is your major reason for that survey result. Companies with median-older workforces will see more enthusiasm for remote work.
1. Morning: Meetings 2. Afternoon: Actual work 3. Family/dinner 4. Evenings after a break: Catch up with any email/work slack 5. Time with wife/family 6. Sleep and repeat.
I LOVE not having to factor commute time in with all this. So productive.
I'm pretty bearish on the pandemic actually leading to massive change in the number of people permanently working from home. My boss put out a survey a week or two ago among my org (30 or so people), and 70% said that they want to work from the office, full time, 20% said some time or most of the time, and 10% said fully remote. And this is a group of people that would be largely well suited to working from home duri…
I do suspect your numbers are probably pretty close to right, though, given the number of jobs at such remote-only companies vs. those at traditional Silicon Valley offices.
If aspiring founders leave the city (even temporarily), they may still find success, but are they going to relocate back to the pricey areas when it's safe to open up?
I've spent the last 5 years hoping for a catalyst that moves tech out of the two biggest players so it can actually help stimulate different regions of the US. Maybe the quarantine will finally trigger this
Can't imagine how devastating it will be when you see your household income fall from $500k+/yr to $200k/yr. Junior ain't going to private schools anymore.
One thing this doesn't mention is the pay cuts that happen if you do decide to relocate to cheaper areas. Both me and my Wife's company have pay bands based on geographical region(most employees know nothing about this and most companies employ these salary COL changes for relocation) and certain regions you can take a big pay cut. Say your salary in the bay area is 100k for example, move to the South, say Florida an…
Earlier quoted context omitted.
It's a damn shame, really, the slavish devotion to one's car and spending hours a day sitting in traffic apparently is apparently preferred over actually getting time back in your everyday life. It's like people have adapted to having no life outside of work, and now they're just so bored they'd rather lose that time than just find a new hobby or learn something. I don't think I've ever thought about anything more de…
I live in Boston and commute on the subway. I specifically live in a major city because I like the city atmosphere, events, night life, restaurants, etc. I have co-workers that live in the suburbs and do the car thing (although many take the commuter train), but I don't. So I have no problem commuting to work. I like the subway.
Unfortunately, the US seems unlikely to get high-speed rail projects functional...ever.