Remote work. Hundreds of millions of well-off middle class people gained 2 hours of extra time and energy per day from not having to commute.
Thats equivalent to a population boom.
Thats equivalent to a population boom.
In our case, with the real estate market so hot, it makes sense to upgrade. Selling and buying a house has a stamp duty here of $50k on a $1m house, meaning it's fairly easy to justify $50k on internal renovations (updating bathrooms, flooring, etc) rather than upping and moving.