Will the rising WFH culture affect Bay Area housing market in the long term?
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couldvbgr8
Jul 7, 2021
170 Comments
The logic is simple - more permanent WFH jobs = relatively lesser people fighting to be in the Bay Area = relatively less demand for housing.
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Guess what, the pandemic is over. The Bay Area is rocketing back past previous points and will only keep going because we did NOTHING to shore up housing stock in this time.
Zero supply + 500x demand = Soaring prices.
if WFH is efficient, what is the need for H1B? Why canโt folks stay at their home country and do WFHC? I just trying to understand this factor.
Want to know why we didnโt? Because we tried it already. And it doesnโt work.