Re:Is big tech’s red-hot jobs market about to cool?
by whimsicalism on Saturday June 04, 2022 @02:01AM
(#31617460)
Are we in a housing crisis? Yes, of course. But the problem is not Californians or crypto bros.
Did not realize these claims were over the last decade... rents are up 37% on average, which is 15% more than we would expect with a standard 2% inflation.
And of course we return to the old HN bogeyman of shadow inflation. there are a number of independent academic researchers who track prices showing changes roughly in line with FRED cpi, but I'm sure those researchers are also part of the conspiracy.
Did not realize these claims were over the last decade... rents are up 37% on average, which is 15% more than we would expect with a standard 2% inflation.
And of course we return to the old HN bogeyman of shadow inflation. there are a number of independent academic researchers who track prices showing changes roughly in line with FRED cpi, but I'm sure those researchers are also part of the conspiracy.