Re:The Effects of Major Retailers Raising Their Minimum Wages
by jjoonathan on Monday December 06, 2021 @10:09AM
(#29460584)
Just who do you think relentlessly votes, lobbies, and politicks to ensure that housing supply is inelastic? The tooth fairy?
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Re:The Effects of Major Retailers Raising Their Minimum Wages
by giantg2 on Monday December 06, 2021 @10:21AM
(#29460773)
I think it's more about distribution than straight supply. That distribution is largely constrained by employer location (job availability). Lots of cheap housing in Appalachia since manufacturing, coal, and steel has left. There just aren't many jobs, and employers don't want to move there to change that (vicious cycle).