4 ms·
This comes at a huge opportunity cost for all of us. People earn more in places like SF because the value of their labor is higher there. Making them mover else
by ajmurmann 4y ago
This comes at a huge opportunity cost for all of us. People earn more in places like SF because the value of their labor is higher there. Making them mover elsewhere rather than creating more room in the place where they generate the most value costs everyone substantial loss of economic growth. I think it was Jenny Schuetz in Fixer Upper (not 100% certain) who mentioned estimates that we've lost out on 30% GDP growth by not building enough.