Speaking from my own experience, the cost of groceries and rent in NYC are really incredible. There's always the idea that NYC is/has been expensive... no it re

Speaking from my own experience, the cost of groceries and rent in NYC are really incredible. There's always the idea that NYC is/has been expensive... no it really is insane. Inflation caused prices to go up, but there isn't any drag for them to come down, only to stop increasing AS MUCH. However, at least in the tech market (but as seen in others as well), you often hear "oh the market has softened so we're paying less". Or worse, people are getting laid off. If you haven't moved jobs in the past two/three years, you're at a pre-covid salary rate. I find it hard to square the circle, where the floor of prices has permanently been moved upwards, employers are pushing salaries down to save their own costs. This causes people to have to "rob Peter to pay Paul". Dissaving, is because workers are being robbed at the expense of employers and capital owners who can seek rents.