Bay Area rents in SF and the peninsula may be down by double-digits YOY but home prices hit a new high. Thanks.... @federalreserve? cc @anthemospic.twitter.com/nrzHuB1QkE
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in the short-term, I agree. Without childcare in a pandemic, it's brutal. But medium/long-term, WFH (assuming schools come back, which I think they will), is probably net good for parents. Virtual becomes more culturally accepted as a substitute for in-person face time.
That’s a big assumption! Schools won’t be going back to normal anytime soon, at least here in San Mateo county! In the meantime parents are essentially being asked to choose their jobs or their kids. It could be a lot longer haul
my comments about WFH are over like 5-10 yr+ timeline, not 1-2 years.
Not sure this can happen if 50%+ of child care facilities close and don't reopen.https://hechingerreport.org/without-more-federal-funds-half-of-all-child-care-centers-could-close-forever/ …
yeah I think this is one prognostication Kim may regret. The other ones seem spot on. Though it doesn't take a rocket scientist or a geospatial geek to figure out people will flee cities in a pandemic.
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