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Possibly, but private entities don’t have the right incentives to solve public problems. They’ll try to solve this so they get the maximum benefit from their sp
by neilk 3y ago
Possibly, but private entities don’t have the right incentives to solve public problems. They’ll try to solve this so they get the maximum benefit from their spending.
For an employer, that could mean housing subsidies, on-site housing, even company towns. Crucially these benefits will only accrue to the worker who is employed by the company, so it could depress wages as housing becomes ever more scarce.
Unfortunately we can’t fix how we’ve built our cities with just private incentives.