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Yeah, squeezed by two major trends - landlords optimize for profit maximization, while employers optimize for wages minimization, gives no other choice. It is
by dschiptsov 10y ago
Yeah, squeezed by two major trends - landlords optimize for profit maximization, while employers optimize for wages minimization, gives no other choice.
It is exactly the case of losing ground/territory to better competitors in ecology - manual laborers would be pushed out of overpriced neighborhoods by JavaScript-coding hipsters and their managers.
- emodendroket 10y agoWell, there is at least one other choice in government intervention. We don't actually have to let rents keep going up.