[pjc50]

> When you have people getting £130k for doing React at a fintech company...

How much is that as a fraction of the value of an average family home in your location?

If there's a big fall in salaries, there's also going to be a big fall in property values.

[Ididntdothis]

“If there's a big fall in salaries, there's also going to be a big fall in property values.“

I don’t think so. Rents will go up and housing ownership will be concentrated even more on wealthy people and big companies.

[pjc50]

The destruction of AirBnB may push rents down. Hard to see how rent can go up beyond what people can actually afford?

[Ididntdothis]

Rent, health care, education and housing cost can go up to a level that it eats up most income for average people. That seems to be the trend.

[sonicthehedgfnd]

I don't know about the national level, but within major cities where tech salaries and Airbnb are both prominent, I'm curious to see what happens to the local real estate markets. I know many people in Austin and SF who can afford their home because they A. have a large salary working in tech and B. offset their mortgage by Airbnbing.