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Let it burn. The only way out is to let competition thrive and thereby create pressure to revert the cost of living insanity.
by ravenstine 4y ago
Let it burn. The only way out is to let competition thrive and thereby create pressure to revert the cost of living insanity.
- carapace 4y agoSomeone went and collected data going back to 1948. > Today's outrageous prices are exactly in line with the 6.6% trend that began 60 years ago. https://experimental-geography.blogspot.com/2016/05/employment-construction-and-cost-of-san.html https://experimental-geography.blogspot.com/2016/05/employme...
- ghaff 4y agoI passed on a tech job in the Bay Area in the 90s in part because of cost of living. This was also a time when tech salaries in general were much lower than today. It would have been generally a quality of life downgrade to have moved west.
- Ekaros 4y agoI think one reasonable solution is literally this. Would allow rebuilding whole thing from fresh, with much higher density and maybe in general as high rise buildings.