Most of you probably know the memes about homes not being affordable to younger generations. It is true, that they are, at least, less affordable as illustrated by Figure 4-1. The reasons for that however aren’t evil Landlords, who want to leech as much as possible. It is more a combination of several factors:...
It’s probably way cheaper to get a fiber connection into the middle of nowhere than paying for city houses.
Oh, my sweet summer child. You vastly underestimate the obstacles to rural internet.
Fiber isn’t even close to an option. You might be able to get DSL, if you pay thousands of dollars for them to lay the line yourself. Being restricted to ~128kbps or dial-up is a very real possibility, even in 2024.
The bright side is, if you have one cell provider with good reception (and it will be only one of them that actually works out there), you can tether to a dedicated LTE hotspot for a pretty decent modern-speed connection. But say goodbye to watching Twitch streams live or playing any kind of high-performance low-ping game.
The housing mar(ule)ket
Most of you probably know the memes about homes not being affordable to younger generations. It is true, that they are, at least, less affordable as illustrated by Figure 4-1. The reasons for that however aren’t evil Landlords, who want to leech as much as possible. It is more a combination of several factors:...