High Country Real Estate Part IV: Everything is Relative

Source: High Country Press — 

It’s hard to miss all the doom and gloom in the media regarding the economy lately.

Traditionally, when the media evaluates the economy they talk about two things: unemployment and the housing market.

However, the pandemic from 2020 through 2022 running with the “The Great Resignation” of 2021-2022 has irrevocably skewed the unemployment numbers for quite some time. Throw in the relatively new found revelation that it is possible to not just work from home, but to work from anywhere, and the uptick in the gig economy, jobs data has become a slippery statistic to grasp and therefore, an unreliable indicator of the overall health of the economy.