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Sep 19, 2017

09/19/2017: How getting paid in stock may have changed the housing market

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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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Are stock payouts linked to high housing prices?

Sep 19, 2017
Glenn Kelman, CEO of the tech real estate site Redfin, believes reporting stock payouts properly could better distribute wealth.
An open house sign directs prospective buyers to property for sale in Monterey Park, California.
FREDERIC J. BROWN/AFP/Getty Images

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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