It is very unlikely that a 100 person company in an already gentrified neighborhood would have any effect on house prices.
Furthermore if you are paid decent wage you can afford to buy a house, further cutting down the rent prices.
It boggles my mind how people spin the stories to protect professional landlords, a class that does nothing but extracts productivity.
Re:The boss who put everyone on 70K
by banannaise on Monday March 02, 2020 @11:36AM
(#22465928)
Sadly, there's a strange knock-on effect of all the professional landlords: Instead of aspiring to own a family home, a lot of millennials aspire to become landlords, either by buying big and renting part of the space, or by buying small and using it as a springboard to buy bigger and rent the original place. It's a vicious cycle, especially since they often don't have the capital to easily absorb damage or maintenance costs, leading to the properties deteriorating rapidly.
He really does come across as great guy. If I was more local I would probably look to work for him.