Re:Will the rich world’s worker deficit last?
by sanxiyn on Tuesday August 17, 2021 @07:53PM
(#28216148)
Doesn't this reduce investment in real estate, hence reduce supply?
[ Parent
| on HN ]
Re:Will the rich world’s worker deficit last?
by jim-jim-jim on Tuesday August 17, 2021 @08:02PM
(#28216214)
"Supply" is the "just spin up more instances" of housing. It's an incantation that libertarians invoke to make the elephant in the room vanish. We'd be better served long term by addressing a fundamental inefficiency: literal rent seeking.