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Re:Adam Smith did not mean what he is often made to say (1998) by Jensson on Sunday March 13, 2022 @10:51AM (#30661708)
New entrants, the people who have to pay a million dollars for a small house has to work for that million.
Re:Adam Smith did not mean what he is often made to say (1998) by n4r9 on Monday March 14, 2022 @05:17AM (#30670127)
I don't think that makes sense. It applies to almost any transaction. Those people will be working and earning regardless, it's just that a higher proportion of their income will be devoted to accommodation.