2 ms·
Company towns are a very old idea. Unfortunately, demand response curves are fun. By providing company housing, this venture will cause more people who've stay
by sarcasmic 9y ago
Company towns are a very old idea.
Unfortunately, demand response curves are fun. By providing company housing, this venture will cause more people who've stayed away from the area due to housing costs to consider it more favorably, as they will have the prospect of obtaining relatively affordable housing through their employer.
This will intensify employee competition for those jobs, a quest in which personal connections still help. Those personal connections are best cultivated onsite and in-person, so this will likely drive up prices further for non-company housing in the area.
I'm not sure that's much of a solution to the housing crisis.