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by bottled_poe 1943 days ago
Sure, it’s all linked. I think a big factor overlooked here is the interest in hiring locally... I suspect the people paying wages are somewhat invested in the local economy - especially the property market. I wouldn’t expect a major shift before those investors have adjusted their portfolio accordingly ... I.e. no time soon. Just a suspicion, what would I know.
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Anyone wondering what GS is doing now with property ETFs? Obviously this is pure speculation, but... GS have form so...

https://www.youtube.com/watch?v=F3goSYkVPNE&t=338