4 ms·
I'm struggling to find the paper now, but I recently read an analysis that asserted one of the primary reason wage growth feels so stagnant is that rent rises a
by pochamago 7y ago
I'm struggling to find the paper now, but I recently read an analysis that asserted one of the primary reason wage growth feels so stagnant is that rent rises almost as much as wages, and that landlords are fully capable of absorbing all the new money that enters into an economy because their resource is so scarce. I do think that before introducing UBI you would need to deal with any industry that has shown it is not being driven down to the competitive prices we would expect to see in a market.