Cities provide important social and business connections which can increase your productivity, economists say.
Sudden, double-digit rent spikes are hitting other hubs, including Chicago, Los Angeles, and Austin, Texas., where rents have risen to $2,700 a month in May 2022, a 64% increase from a year prior. But for renters, a return to increasingly expensive cities might seem like a raw deal, especially if they can do their jobs from home.Data produced by Microsoft's workforce
LETSGOBRANDON
These lies brought to you by Blackstone?
Property has less value in low density areas
greedy corporations is my guess
Democrats
Nope!!
CarmenForNYC
FOUR FACE MASKS REQUIRED TO BE ON, OVER THE NOSE, UNDER THE CHIN, AT ALL TIMES, NOT JUST IN MAJOR CITIES - BUT EVERYWHERE!!!!!!!
Because Brandon is in charge, war on fossil fuels
Some body should remain poor for helping others to be rich.When difference between rich and poor declines ,expenses of rich increases
putin ?
The article and video are bullshit. Its already been proven by the airline and oil industries that pandemic inflation is nothing more than corporate greed. Corporations are raking in record profits while the people struggle to stay afloat amid job, pay and benefit cuts.
Debt? Money supply? Inflation? Duh!
Because the mass exodus out of City dwelling into a remote work lifestyle has created a void of Revenue for Inner City Businesses that is being filled with price increases. Recession is needed to bring Overall City Ecosystems back into alignment with Supply/Demand there.
Because they’re ran by democrats..
Biden's America 💯
Missed point out florida on this
profits
Mishandling of funds.
Upward mobility is crushed. The inner city will vote Blue or else.
Because Biden and the left won’t stop spending money
Greed
Bidenflation!
It’s not the “high cost of living”. It’s the low quality of life there thanks to the progressive politicians who have ruined them.
hey, want a story:
And city dwellers can see more smash-and-grabs and possibly get clobbered in the head walking down the sidewalk. What's not to like?
I think so. if you live in NYC, Boston, Philly, DC where you can get around easily.
The answer: depends on your lifestyle.
“Worth” is subjective and personal. Another useless story…
No.
That’s what you people voted for. Now deal with it. Make America Great Again 2024.
Democrats
because politicians.
check out the eviction notices 'oh dear'
Good luck folks. Democrats are ruining big cities one at a time.
🤠🤠🤠😎😎😎😍😍😍😍
Greedy landlords. Inefficiency resulting from COVID. Endless immigration creating insatiable demand for housing.
G.R.E.E.D.
Babblin' Biden and his handlers!?!?!
Nope!
That is insane. There are so many empty office buildings with landlords collecting no rent. Why are they not being converted to apartments?
Economies of scale defied by urban living
Record low corporate taxes + record high corporate profits = inflation
It says visit Abu Dhabi…
Democrats
Blaming tech employees is such a diversion. Yes, they typically make a higher wage, but often have a lot of student debt. The biggest driver of housing increases has been AirBnB and similar companies. Creating many novice real estate investors who now drive housing prices up
timestamp 🫡
Local officials demanding more and more taxes either with direct taxes, fines, regulations, permits etc. All those costs go into the final product like rent.
No more toxic tech bros. No more ivory towers.
No.
No but it also depends on your job
This is pure BS! Cities create corporate slaves not productive useful lives. There are no studies that have proven that commuting 5 days a week is productive. There are obvious benefits to social interaction, but paying ridiculous rents / working like a dog is not worth it.
Japan is notstill their high
No
Easy, Greed! Corporate profits in the United States rose 6.2 percent to a fresh record high of USD 2.53 trillion in the second quarter of 2022. United States Corporate Profits:
Metropolitan inflation: Evidently issuing mandates was more fun. tt:lizpeek
and, much more
What's the alternative? Live in the burbs which are subsidized by cities?
Are major cities worth their high cost of living?
no
No
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by the rules of Capitalism, yes, they are. when people leave, cost of living goes down.
Easy: Joe Biden and his failed policies
I'd gladly work for $1 an hour if I could afford a good life with lots of spare time to be in the garden and hiking along trails.
Or look around
Easy answer. Joe Biden's failed policies.
Build back better that’s why.
Cost of living has increased everywhere thanks to Biden
No! Get out of them!!!! Smart cities will kill you!
No.
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