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Zoom towns and the new housing market for the two Americas

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111–120 of 187 posts

Re: Zoom towns and the new housing market for the two Americas

#111
post #79
post #70

Earlier quoted context omitted.

It depends on the roll obviously, but I can see a company saying “hey everyone, 6 months from now we’ll all be in the office” and then deal with those who push back on an individual basis. High performer who is hard to replace? Sure, we’ll be flexible. Low performer with 10 people lined up, ready to take the role? If you’re not in the office on Monday, you’ll be fired. And the thing that gets me is some of the boomin…

> Tahoe for example. If you can’t work from home, it’s unlikely you’ll find another job locally. That’s the situation now, but after 1000 remote tech workers move there and 500 decide not to go back to the city, 100 might pivot to lifestyle startups that employ 100-200 more. And now you have a little incubator that wasn’t there before and might grow a nice little self-sustaining eco-system. And once it gets going, it…

That’s where i was heading with my question. I’m wondering if these folks have a plan B if asked to go back to the office.

If so, that’s great and we could see some pretty interesting changes to the demographics of small cities.

If they don’t have a plan B, well... that’s not good.

Re: Zoom towns and the new housing market for the two Americas

#112

I think a lot of people living in cities think there's only two options - living in an apartment downtown in a megacity, and living in a car-bound wasteland suburb. But there's a third option - towns. I know you have them in the US! I've been to a few of them. Walkable towns with coffee shops, restaurants, bars, culture, dating. You can even find a few in the Bay Area if you don't want to look too far. Isn't the smal…

[deleted]

Re: Zoom towns and the new housing market for the two Americas

#113

Earlier quoted context omitted.

>On the contrary, we’ve never been more lonely and distant as a society. yes, because all communal institutions have been disbanded before millennials were even born, that was the point? Millenials are lonely because they're the offspring of what was the peak of the nuclear family generation. They're growing up without any communal connection, increasingly without religious communities, Gen Z probably doesn't even ha…

That's weird because the nuclear family is as old as civilization and the idea of wide social nets that span long distances is relatively new. For vast majority of human history we lived in small tribes and then the family became the tribe to belong to within a civilization. Virtually any institution you could point to is less than a few generations from being mainstream meanwhile family is timeless. I get that some…

The "nuclear family" is an extremely modern concept.The extended family is what is old as civilization itself.Sure, nuclear families existed 5000 years ago. But, it was far more common to live with your extended family.

Re: Zoom towns and the new housing market for the two Americas

#114
post #32

Earlier quoted context omitted.

Quite a few of the towns in the South Bay have walkable cores: Mountain View, Palo Alto, San Mateo... You also have smaller cities all over the country. Now, you get into truly small towns in places like New England and there really isn't a lot in the town center and it's unlikely you'll be living walking distance from it.

No way, man. You have to pay like $1.5 mil for a home in Palo Alto and Mountain View. You do all that and you get a glorified suburb. No way. The city is like 400x as city life for like 1.1x the price.

I would be shocked if one could find a liveable single family home in Palo Alto or Mountain View for $1.5M.

Last I looked empty lots went for that much.

Re: Zoom towns and the new housing market for the two Americas

#115

I think a lot of people living in cities think there's only two options - living in an apartment downtown in a megacity, and living in a car-bound wasteland suburb. But there's a third option - towns. I know you have them in the US! I've been to a few of them. Walkable towns with coffee shops, restaurants, bars, culture, dating. You can even find a few in the Bay Area if you don't want to look too far. Isn't the smal…

If anyone knows of places like this - I would love to know of them!

I've been spending embarrassing amounts of my time looking for a place to live that's like this, and I haven't found many that aren't just as expensive as the city for something that's comparably walkable / livable.

The only promising affordable towns with lots to do & decent weather that I've found are Silver City, Los Alamos, & Taos NM. And San Marcos TX looks promising, too.

Honestly, it seems like there's way more affordable houses in nice parts of big cities like Dallas, Houston, Cleveland, Pittsburgh, Las Vegas, Phoenix, etc.

And it seems like even hip medium sized cities like Bend Oregon and Boise Idaho are cheaper than the really cool small towns.

Re: Zoom towns and the new housing market for the two Americas

#116
post #78

The disassociation of how you make your living and where you live will have interesting long-term social consequences. Until recently, most people have had to live where they made their living. Farmers lived on farms. Workers lived near mines, mills, factories and offices in which they worked. Even rich people lived in the cities where their businesses and investments were located, at least until the late 1800s when…

For almost all of human history, people have "worked from home". The workplace as a distinct separate space from the home is only about a couple of centuries old.

Re: Zoom towns and the new housing market for the two Americas

#117
post #31

Earlier quoted context omitted.

> I wonder whether this trend will reverse in the next 1-3 years or this is the new permanent dynamic of the SF rental market. IMO, that's completely dependent on how much SF tech companies embrace remote work.

What confuses me is the home buying far outside urban areas. I understand that people will be working from home for 12 months, but buying a home an expensive transaction. If forced to go back to the office, these folks are looking at very long commute. I assume they: 1) know for sure they can wfh permanently, 2) are betting they will be able to wfh permanently or 3) are willing to quit when asked to come back to the…

If companies have adapted to WFH, why would they ask productive remote employees to quit?

Re: Zoom towns and the new housing market for the two Americas

#119

> Many Americans — especially 30-somethings who remain employed — are ditching their tiny rental apartments in hip districts of expensive cities and moving to buy houses in more affordable cities or the burbs... I suppose I fall into this category but even houses in the burbs seem more expensive than they should be. I’m specifically looking at up and coming towns, not any random burb but buying a house that’s literal…

Lots of cities in the southeast are still undervalued IMO. I'm a North Carolinian, and there's been no shortage of northern transplants over the years. Charlotte and Raleigh have grown like crazy, and show no sign of stopping. Tons of young people moving here despite the well-deserved reputation of this area being pretty boring. I guess boring is a plus these days. West coasters largely haven't caught on, but I don't think the migrations will stop, especially with COVID.

Charlotte and Raleigh are fairly safe bets, but Winston-Salem seems like it might be on a similar path (but much earlier on in that path if so).

Re: Zoom towns and the new housing market for the two Americas

#120
post #32

Earlier quoted context omitted.

What are some examples of Bay Area towns? It seems like everyone in my friend circle in tech lives in San Francisco and puts up (or used to) with the long commute.

Quite a few of the towns in the South Bay have walkable cores: Mountain View, Palo Alto, San Mateo... You also have smaller cities all over the country. Now, you get into truly small towns in places like New England and there really isn't a lot in the town center and it's unlikely you'll be living walking distance from it.

Lol love how we're talking about the core cities of silicon valley as towns... have you guys even been there?

They have a town vibe only because they have essentially made development outside of office buildings impossible for decades. There is a ton of pent up demand to live there (meaning it's super, super expensive) and there is a lot of traffic and a surprising population density given the development pattern (because there are a LOT of people working there relative to living there). They're really all a contiguous metropolitan region of the Bay Area from SF-SJ-Oakland, the fact that they're separate political entities is at this point a historical relic

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