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by kgran 1593 days ago
Also causing the prices in some sectors, such as real estate, to raise abnormally.
2 comments

This is a misconception that a few hundred of devs in a city can do this.

What drives the price of real state up is lack of new developments, low interest rates, and instutional investors using the housing market as a security instrument. The same thing can happen all over the world and is happening in the US and Canada at an alarming rate.

That seems unlikely, unless the couple tech workers can buy out the whole town