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Obscurity4340 12 hours ago

Why is remote working considered inflationary?

jjk166 10 hours ago | parent | next [-]

Remote working itself isn't inflationary, but transitioning from office to remote is. Remote workers can get high paying jobs in low cost of living areas and can generally job hop with less friction so salaries rise, spending that would have gone to commuting expenses and daytime childcare is now disposable income, people spending more of their time at home causes them to invest in larger or nicer homes. More money getting thrown at fewer items causes prices to rise.

rsync 12 hours ago | parent | prev [-]

I don’t think it is.

In fact, all else being equal, switching to work from home should be deflationary.

You spend less on gas, less on eating out, less on movement and activity in general…

The transition to work from home may very well be inflationary… But the end result seems quite obviously deflationary to me.