3 ms·
> labor and rent Labor, who pays a sizeable chunk of their income on rent... and rent, well is rent. Rent is only expensive when demand outstrips supply, and d
by Nextgrid 11mo ago
> labor and rent
Labor, who pays a sizeable chunk of their income on rent... and rent, well is rent. Rent is only expensive when demand outstrips supply, and demand keeps being artificially constrained by existing property owners (of which boomers are a large chunk) not willing to take a hit on their property value. Seems like a self-inflicted problem.