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Productivity gains quickly get eaten up by increases in rent. That's why productivity doesn't always add an increase to wages. The business owners must pay rent
by polishdude20 5y ago
Productivity gains quickly get eaten up by increases in rent. That's why productivity doesn't always add an increase to wages. The business owners must pay rent.
- pengwing 5y agoRent is commonly very low on the list of issues a business owner faces. This may apply to mom-and-pop shops who feel two simultaneous effects: lack of demand and gentrification. Do you have a specific business in mind that is very rent-dependent?