Services are naturally expensive when people are earning more. That's a sign of low income inequality and low unemployment. https://en.wikipedia.org/wiki/Baumo

Services are naturally expensive when people are earning more. That's a sign of low income inequality and low unemployment. https://en.wikipedia.org/wiki/Baumol_effect https://en.wikipedia.org/wiki/Baumol_effect See Agatha Christie's quote about how she couldn't have imagined affording a car before WW1, and couldn't have imagined affording servants afterward.