> At the same time, automation and productivity has reduced demand for human labor, and people increasingly can’t afford the rent Given the juxtaposition of th

> At the same time, automation and productivity has reduced demand for human labor, and people increasingly can’t afford the rent Given the juxtaposition of the claims above, I think it is useful to note that demand for labor is still relatively high (unemployment rate at ~3.5% in the US). The reason for unaffordable rents is driven more by the supply of housing not growing along with demand IMO.