Hopefully the idea of remote working or working-from-home becomes the new norm in 10-20 years. At least for a lot of office based jobs that don't require client interactions. But even with that, tech can be an asset in that respect.
London, NYC, All of California, "X = some Western City" ... you get the point... have failed to build enough housing any efforts appear futile because they lack the magnitude needed and the political will power to do so. Seems like its not being alleviated, and probally never will be unless people start rioting.
But in the meantime, remote working could help... somewhat.
I've been saying for a while that we need government funded housing, and mass government intervention with regards to zoning. These units need to be forced down the throats of the communities. In walkable neighborhoods or next to mass transit corridors, it needs to be forced. We need less community input in general, less political power from the residents that seem to stifle growth.
The Chinese get this, when it comes to housing. It could be done, but the West is not thinking about its people or the long term. This is only going to spiral even deeper, so I pity the future generations.
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"Those that benefit most from opportunities in London were either born there or are the economically privileged from other parts of the country," said Sir Peter.
"London is essentially off-limits to ambitious people from poorer backgrounds who grow up outside the capital."
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You don't say?
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This is exacerbated by practices such as unpaid internships, which are available only to those who can afford to live and work in London without earning . . . .
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Unpaid internships are just another way of having slaves in the work place. This needs to become illegal. Everywhere really.