3 ms·
The problem isn't pay, the problem is the cost of housing(and education). Even if everyone got a 3x pay raise we would probably see a 4x increase in housing cos
by zeroCalories 3y ago
The problem isn't pay, the problem is the cost of housing(and education). Even if everyone got a 3x pay raise we would probably see a 4x increase in housing costs because fundamentally there is a supply issue. Until politicians are ready to tank the housing market by either investing in public housing, up zoning, deregulating, etc. the problem will never get better. You can still participate in the system if you want, but I refuse to take on life ruining risk to join a rat-race where lead poisoned boomer home owners get to squeeze me for 50% of my salary every month. If we lived in a sane economy with good labor protections(like the eu), or fair housing prices(like Tokyo) then we could talk about it.