Re:Tunnels in the US cost more than anywhere else
by jeffbee on Monday November 02, 2020 @03:49PM
(#24973129)
Europe controls wages by keeping the supply of housing high and the price of housing low. Most American cities have an acute shortage of housing and this raises wages. It has nothing to do with unions and their powers.
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Re:Tunnels in the US cost more than anywhere else
by desert_boi on Monday November 02, 2020 @05:55PM
(#24974449)
My experience in Hamburg, Germany was that getting an apartment in the city was waiting for someone else to die. Getting an apartment in Boston took me two weeks. In Germany, it took two months.
Germany, at least, keeps costs low by using the common market to depress wages. Housing supply in the dominant cities is very tight vs. wages. See Berlin and Munich.