Author Topic: Percent loss in value of residential real estate oligopolies due to hybrid work  (Read 5191 times)

LearningMachine

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What’s an example of an exurb that you think will do well because of WFH over the next 5-10 years.

Looking at Seattle area, these are areas that are desirable for high-tech workers or support workers for different reasons.  Here are some examples:
  • Good school districts: Dieringer School District (Lake Tapps, WA), Bainbridge Island School District, Tahoma School District, Snoqualmie Valley School District, University Place School District, Pullman School District, etc.
  • Waterfront/island living: Warm Beach, Bainbridge Island, Kitsap Peninsula in general, Camano Island, Whidbey Island, Lake Tapps, Lake Stevens, San Juan Islands, etc.
  • Access to airport: Areas within x miles of SeaTac airport.
  • Areas giving access to multiple metropolises for support workers: Mount Vernon, WA.
  • New construction: Monroe, Marysville and Snohomish County in general, Maple Valley, Enumclaw, Snoqualmie, Pierce County, Skagit County, etc.

For San Francisco/silicon valley, I'm hearing Lake Tahoe is getting popular.   Another thing that is incentivizing silicon valley folks to work out of Nevada or Texas is zero income-taxes.
« Last Edit: November 30, 2020, 08:57:32 AM by LearningMachine »


thepupil

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Suburban DC Maryland data; price up 10%-11% for the zip codes with only SFH, collapse in transactions.

Note the hopeful tone from realtor that prices will “come back down to earth” easy to understand why this actually hurts realtors as they get paid on transactions.

Not taking my 10% to the bank, but happy to own some expensive ass dirt with eroding tiny structure on top for well below the average dirt+house cost of $1.5mm