Recent comments in /f/providence

BingBong022 t1_j51enda wrote

This isn't a missed connection, did you even talk to the person? What gives you the impression they are interested in you? My missed connection is Dua lipa, saw her in a bikini. Dua if you see this let's spark our missed connection

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Proof-Variation7005 t1_j5190s6 wrote

Oh, remote work is definitely a factor since there's definitely people priced out of other markets. But, there's plenty of other indicators that show an overall health.

That certainly doesn't mean everyone is doing great or anything close to it, but compared to a decade ago or even longer, it's basically a renaissance period for the city/state economically after having a slower than normal recovery from 2008.

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degggendorf t1_j515hhi wrote

> I will say that the economy is absolutely doing well. If it weren't the housing market demand wouldn't be as bad as it is.

Well, not necessarily. As we've seen, people who are employed in Boston or NYC on paper are coming here to live as remote work becomes more feasible. I would be logically possible for RI to be a completely residential state, with no economy of our own outside of the service industry.

However, that's not what indicators would, well, indicate. to wit:

> The department said six employment sectors – construction, finance and insurance, information, manufacturing, professional and technical services, and wholesale trade – reported more jobs in December than they had in the month prior to the pandemic shutdown.

The full article speaks more of the good and bad signs of our economy. The bottom line is that RI economy is doing well, but its rate of improvement is slowing.

https://pbn.com/r-i-unemployment-rate-dips-to-3-5-in-december/

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iainvention t1_j511b4x wrote

I mean, are the people buying the luxury eggs actually going to eat them, or is it foreign investments and hedge funds and businesses like AirEne that rent eggs to people that want to live in an egg while on vacation, which will further artificially drive prices higher?

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