That seems true. However it also needs to be considered that salaries shouldnt be so low that people just leave. For example consider Berlin, rapidly rising ren

That seems true. However it also needs to be considered that salaries shouldnt be so low that people just leave. For example consider Berlin, rapidly rising rent but not so much for salaries. So people just leave. In such a case you do get more bang for your buck as a company but theres a limit on how much.