Technology has created more jobs than it has destroyed, says 140 years of data

Re:Technology has created more jobs than it has destroyed, s... by redcalx on Tuesday August 18, 2015 @07:45AM (#10078651)

> That's a cultural construct

The rental versus buying dichotomy is orthogonal to the issue of limited supply. If everyone rents there is still the same overall demand for accommodation, hence rents would be high (due to limited supply) and that would propagate through to push up property prices. End result is the same.

[ Parent | on HN ]

Re:Technology has created more jobs than it has destroyed, s... by bwohlergo on Tuesday August 18, 2015 @08:32AM (#10078808)

that was one example he gave, you've not diminished his point in any way by questioning only a part of his argument.

[ Parent | on HN ]