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I have hopes that the invisible hand will provide some corrective feedback. Because at the end of the day, someone has to do the electrical work and the constr

I have hopes that the invisible hand will provide some corrective feedback. Because at the end of the day, someone has to do the electrical work and the construction work etc. If it can't be done without some amount of IQ the market will adjust for that. This is already coming to pass in hot real-estate markets where it's almost impossible to get any sort of trade help. It feels like most of the skilled tradesmen (and women) have a plethora of job choices and they by far prefer to build new housing instead of dealing with nitpicky rich people for the same money.

tragictrash 5y ago
I agree we are in an unstable situation and it will equal out over time. My main concern is the burden it places on us all in the meantime. Those most vulnerable are going to be hit the hardest.
tonyedgecombe 5y ago
>This is already coming to pass in hot real-estate markets where it's almost impossible to get any sort of trade help. It's just like most programmers preferring to work on greenfield projects rather than maintenance.