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It's well hidden but the article correctly states that paying teachers more does not solve the problem. In a situation with housing scarcity, paying people more
by dahwolf 3y ago
It's well hidden but the article correctly states that paying teachers more does not solve the problem. In a situation with housing scarcity, paying people more, lending them more, will only inflate prices further.
It's a supply problem, and if you think big costly cities will ever add so much supply as to make housing affordable to single income median wages, you're delusional.