So sad to see progress but knowing the price of houses will remain expensive because politics, regulations and bureaucracy :/, at least where I live.
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Not really. This is going to be a global situation around the world. Do not look at things in isolation.
People are going to be migrating especially as remote work takes hold. This is going to cause serious impact on local areas. They are going to have to be competitive.
Two cities in my local area are on the top of best places for nomads and remote work. So, I'm actually experiencing this xD