3 ms·

automation and outsourcing gave lower prices on products for literally everyone

• tw04 3y ago
  The average price of a home as a percentage of income has not lowered at all. Who cares if you can get a shitty Walmart branded TV that will last for 5 years before you have to throw it away, when you have no house to put it in?
  • ahahahahah 3y ago
    Sure, but the size of that home has certainly increased significantly. The quality of that home has also increased. The quality of the neighborhood likely has as well. Could the explanation possibly be that people generally settle on it being worth spending a certain percentage of their income on a home? If that were the case, no matter if people in general are becoming more or less well off or if homes are getting more or less expensive, the percentage of their income that people spend on them may hover around the same area.
  • HDThoreaun 3y ago
    Housing is expensive because local politics encourages exclusionary zoning. It has nothing to do with labor rights and everything to do with NIMBYs
  • Turing_Machine 3y ago
    That is a sign that we need more automation in housing production, not less.