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Old 04-12-2021, 02:20 PM   #18111
supafamous
RS has made me the bitter person i am today!
 
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Quote:
Originally Posted by Ch28 View Post
I doubt much will happen.

They'll just suck it up as part of owning a home and live with the fact that they'll be blowing a lot of their time on commuting to work. They'll have to approach it with a half glass full perspective and know at least they own a detached home. There's no way they'll be able to afford the same size home closer to work and I feel it'll be one of those situations where it's hard to downsize after having a taste of the larger size/freedom of a detached home.
I think time will end up being the big roadblock for folks - those of us who got to enjoy WFH found out they had an extra 60-120 mins a day to do other things and now can't imagine going back to the "grind". Financially they can swing the gas and extra car costs but the time is going to be the big one for people.

Studies consistently show that longer commute time leads to lower job satisfaction and makes people feel like they took a pay cut (see below).

https://www.inc.com/business-insider...isfaction.html (The summary here is that a 20 min increase in commute time feels like a 19% pay cut).
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