However, with all the people leaving the cities(it was an issue even before current 'work at home' situation, but even greater now) they push out local buyers.
Wages outside the cities have stayed fairly stagnant(asides min. wage). And buyers simply can't compete with 'big money' coming from people having sold their property in a city.
A quick glance at this makes one woozy. It feels after the '08 crisis just about everyone lost their lunch. However this modern crisis, it feels like upperclass got out ahead while lower classes simply lost.
https://img.take-profit.org/graphs/indicators/money-supply-m...
However, with all the people leaving the cities(it was an issue even before current 'work at home' situation, but even greater now) they push out local buyers.
Wages outside the cities have stayed fairly stagnant(asides min. wage). And buyers simply can't compete with 'big money' coming from people having sold their property in a city.
A quick glance at this makes one woozy. It feels after the '08 crisis just about everyone lost their lunch. However this modern crisis, it feels like upperclass got out ahead while lower classes simply lost. https://img.take-profit.org/graphs/indicators/money-supply-m...