Cities offer cash as they compete for new residents amid remote work boom

#1

Post by oluomike1 » Sat, Jul 04, 2020, 11:23 AM UTC

Cities offer cash as they compete for new residents amid remote work boom
fastcompany.com

Re: Cities offer cash as they compete for new residents amid remote work boom

#2

Post by Proven » Sat, Jul 04, 2020, 1:13 PM UTC

Most cities are insolvent.

I'd stay away from any offering cash because those who do are going to go bust sooner.

Re: Cities offer cash as they compete for new residents amid remote work boom

#3

Post by verdverm » Sat, Jul 04, 2020, 1:47 PM UTC

VT program was full in 6 days and they think it wasn't worth it. This article is misleading in saying it was a cash payment. In reality VT's program was reimbursement, and they realized the people using it were going to move there anyway and had the means to pay for it, so now they wonder the value of it.

Maybe the competition will make the cash payments worth it? There are probably better ways than cash payments in mast/all circumstances though.