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There is a great deal of pain and suffering that you dismiss with faulty assumptions. Things at the bottom are worse than ever due to the K-shaped pandemic "rec

There is a great deal of pain and suffering that you dismiss with faulty assumptions. Things at the bottom are worse than ever due to the K-shaped pandemic "recovery" and extreme inflation in inelastic necessities like food and housing.

toomuchtodo 3y ago
Food inflation is down. Housing has been dysfunctional for some time, although rents should decline in the near term. While emotionally turbulent for these workers, they’re getting churned in a favorable labor market. Not unsympathetic by any means, simply pragmatic. https://www.cnbc.com/2023/09/08/apartment-rents-on-verge-of-declining-due-to-massive-supply.html https://www.cnbc.com/2023/09/08/apartment-rents-on-verge-of-... https://news.ycombinator.com/item?id=38502068 https://news.ycombinator.com/item?id=38502068