Matthew Yglesias

@mattyglesias ↗

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Last Checked Feb. 10, 2023

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Tue Feb 07 11:27:38 +0000 2023

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Matthew Yglesias @mattyglesias

For starters, thanks to remote work white collar households have increased their demand for square footage. This has reduced *relative* prices in central cities compared to exurbs but in *absolute* terms prices are up everywhere. https://t.co/Atn5O86Kh3 https://t.co/aNSLwX3W5f — PolitiTweet.org

Posted Feb. 7, 2023

Preceded By

Matthew Yglesias @mattyglesias

Today’s post is about the slightly weird ways the pandemic is still impacting the economy. For example, remote work is depressing labor force participation by older Americans which in turn is contributing to inflation. How does that work? Read on. https://t.co/Atn5O86Kh3 — PolitiTweet.org

Posted Feb. 7, 2023

Followed By

Matthew Yglesias @mattyglesias

So what’s that got to do with labor force participation? Well, the demand boom led to a price boom led to a financial windfall for established homeowners — and we know from prior history that when older people get a wealth windfall they retire early. https://t.co/Atn5O86Kh3 https://t.co/33fCUiN4UQ — PolitiTweet.org

Posted Feb. 7, 2023