Re:Housing Can’t Be Both Affordable and a Good Investment (2...
by dsfyu404ed on Thursday May 02, 2019 @06:12AM
(#19806318)
I'd wager that many more people are moving to the cities that have housing problems for the jobs than because they genuinely want to live there.
Re:Housing Can’t Be Both Affordable and a Good Investment (2...
by lotsofpulp on Thursday May 02, 2019 @06:40AM
(#19806438)
It only matters where the people with money want to live, and in my experience they overwhelmingly choose to live in high cost of living cities. The rest have to follow, if they want high paying, upward mobility jobs.
Re:Housing Can’t Be Both Affordable and a Good Investment (2...
by geezerjay on Thursday May 02, 2019 @06:53AM
(#19806515)
> [people with money] overwhelmingly choose to live in high cost of living cities.
You're confounding your observations. People with money choose to live in areas that maximize their quality of life, and they don't mind paying a premium for that.
Quality of life matters to all, whether rich or poor. Poor people aren't masochists.
This does not happen, nor is it remotely desirable. Having a life involves much more than having a decent job. It entails living where the person chooses to live according to their personal tastes and desires.
If you force the decision on where to live based on a single constraint that in theory is only a major part of your life so that you can fund your personal life and personal interests then this leads to poor quality of living for all (including spouces, offsprings and immediatr family) just to cater to a company's bottom line.