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You're implying high housing prices cause higher salaries when it is almost certainly the other way around. High salaries and limited supply seem to be the key
by hodder 7y ago
You're implying high housing prices cause higher salaries when it is almost certainly the other way around. High salaries and limited supply seem to be the key causal factors in high housing prices.
- twblalock 7y agoIt's a vicious cycle. People are still coming to the area and they demand high salaries because housing prices are high, and housing prices are high because of the high salaries of people already living in the area.