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Wednesday, July 3, 2024

See where high earners moved and drove up typical incomes, making it even harder for locals who make a good salary to buy a home

Remote work has made homes more expensive. The logic is, by now, familiar: An employee formerly bound to one place by a 9-to-5 job becomes a remote worker. The employee moves to a new location where their salary goes further. The new location’s home prices rise as these wealthier residents arrive. …

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