It's a Red Queen's race, though. Because the housing costs go up, the standard of living remains the same. The end result is a less moral society, because peop

It's a Red Queen's race, though. Because the housing costs go up, the standard of living remains the same. The end result is a less moral society, because people have to change to stranger and stranger business just to keep their place in the hierarchy. Instead of having a normal ('communist') job, you have to get involved in dirty tourism stuff. The end result of this is as in New York City or San Fransisco, where anyone with a 'normal' job has obviously had rent go up way more than income. Granted, they too could go into tech or finance, but the benefits to society of this are most unclear.