09/19/2017: How getting paid in stock may have changed the housing market
When a city becomes a tech hub, it usually also becomes a bubble: a housing bubble, a pay bubble and an industry bubble, to name a few. The tech world talks about these bubbles like they’re inevitable. But what if they aren't? Marketplace Tech host Molly Wood talks to Seattle-based Glenn Kelman, who is the CEO of the real estate site Redfin, about tech employees’ stock payouts and how reporting them properly could distribute wealth more evenly throughout the country.
When a city becomes a tech hub, it usually also becomes a bubble: a housing bubble, a pay bubble and an industry bubble, to name a few. The tech world talks about these bubbles like they’re inevitable. But what if they aren’t? Marketplace Tech host Molly Wood talks to Seattle-based Glenn Kelman, who is the CEO of the real estate site Redfin, about tech employees’ stock payouts and how reporting them properly could distribute wealth more evenly throughout the country.
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