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Jamiel De Abrew
VisualEconomik EN
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Comments by "Jamiel De Abrew" (@JamielDeAbrew) on "Back to the Future 2008 Housing Crisis?" video.
Working from home has contributed to rising rents. How? Some people decided to move further away from the office to rent a place with more rooms for the same price. Some used this as a home office room while others rented even more additional rooms for hobby rooms. This put pressure on those living in share housing to pay more or rent elsewhere. As this trickled through the market, it’s lead to higher rents. The market hasn’t equalised yet though. People who have had their rental prices increase are moving (as they can’t afford the new market price).
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