Profile picture
, 4 tweets, 1 min read
My Authors
Read all threads
The coronavirus has changed the world, but some of its 2nd order effects are not obvious yet.

Want to know what will happen to real estate? Follow what’s happening now in the areas that already live in the future.

Housing available in the SF market has doubled in 1 year [1/4]
Ppl are leaving SF in droves because they’ve realized they can work remotely, are paying too much, make too many sacrifices and don’t get enough value per $.

This trend will follow in all major cities with a big share of knowledge workers.
[2/4]
The citizens who act faster will relocate quickly, learn how to be productive remotely, lower their costs, and save a lot.
[3/4]
This will last until salaries start going down in big developed cities and up in the rest of the world, as more work becomes remote and companies chase cheaper workers.
[4/4]
Missing some Tweet in this thread? You can try to force a refresh.

Keep Current with Tomas Pueyo

Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

More from @tomaspueyo see all

Profile picture
Tomas Pueyo
@tomaspueyo
Since it looks like I'm the messenger of doom, it's a good time to highlight all the good news about #coronavirus
Thread

1. Only 0.5%-1% of those who catch it die. Imagine if it was 4-5%.

2. Kids barely die. Imagine if 15% of infected kids died, like with older ppl.
3. Kids don't seem to spread the virus much, even if they do get infected and shed the virus. If they were much more contagious, it would be much harder to stop.

4. Around half of ppl don't even know they've been infected (although they might have life-long consequences)
5. There are very few infections through surfaces. Could you imagine what our lives would look like if everything you touched could infect you?

6. Planes don't seem to spread it much. Imagine if they were all superspreader events.
Read 16 tweets
Profile picture
Tomas Pueyo
@tomaspueyo
What's going on in Europe? Is there a 2nd wave? What can we expect in the coming weeks? Thread.

Europe had a terrible 1st wave, beat it at the beginning of the summer, but wasn't careful and cases are back up.
[1/
France and Spain have passed the number of official cases from their first waves.

This doesn't reflect reality: in the 1st wave there was little testing.
[2/
But it tells us where we're going. And we're not going in the right direction.

If we look at prevalence (active cases per inhabitant), we see that Spain has *more* cases than the US.

France and Croatia, which also depend on tourism, are getting there fast.
[3/
Read 15 tweets
Profile picture
Tomas Pueyo
@tomaspueyo
How is it possible that the market is at historic highs IN THE MIDDLE OF A PANDEMIC? Where does that wealth come from?

Maybe it's taken... from you?

Thread
[1/18]
The market (taking S&P500 here) is up 4% since its max before the pandemic.

But before going up, it had lost ~35% in a month, from Mid February to March 23rd.
[2/18]
That's despite unemployment being 2.5x higher
[3/18]
bls.gov/news.release/p…
Read 19 tweets

Embed code for your website

×
Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!