4 ms·
As rents go up, these rents eat up most of the wages, thereby increasing wages. Increasing wages cause inflation, and it is called "cost-push inflation", as bot
by raincom 5y ago
As rents go up, these rents eat up most of the wages, thereby increasing wages. Increasing wages cause inflation, and it is called "cost-push inflation", as both cost of goods, cost of services include wages.