Why Rent Is So High and Pay So Low

Re:Why Rent Is So High and Pay So Low by Yakimoto on Friday August 07, 2015 @05:22PM (#10025102)

Long winded article and it doesn't even answer the question.

Rent in NYC is high because people are paying it.

Your pay is low because you decided it is. Lots of CEOs think their pay is low too as they drive a new Lexus off the dealership lot.

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Re:Why Rent Is So High and Pay So Low by pierrealexandre on Friday August 07, 2015 @05:25PM (#10025115)

The article provides historical context and a framework to think about the question. I think it does a better job answering the question than your last 2 paragraphs.

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Re:Why Rent Is So High and Pay So Low by zenogais on Friday August 07, 2015 @05:34PM (#10025150)

After finishing it, I'm almost certain the author just produced a shorter more accessible version of the argument from "A Brief History of Neoliberalism" by David Harvey. It's basically a Marxian interpretation of the issue.

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Re:Why Rent Is So High and Pay So Low by oldmanjay on Friday August 07, 2015 @05:32PM (#10025143)

The article tries to backdoor an emotionally resonant populist political view in the guise of concern. If you think it does a good job answering the question, that probably just means that you have a converging viewpoint.

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Re:Why Rent Is So High and Pay So Low by rjurney on Friday August 07, 2015 @07:11PM (#10025537)

Yeah, nothing is persuasive. Everything simply confirms or disconfirms what you already know. There is no learning. I will die knowing what I knew yesterday.

Life is shit, eat Arby's. Am I following along?

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