News for hackers. Stuff that matters.

A comment on Investors bought a quarter of US homes sold last year. Parent comment

Re:Investors bought a quarter of US homes sold last year by davidw on Tuesday August 23, 2022 @04:28PM (#32571032)
Where I live, the hospital is struggling to hire nurses due to the lack of housing options. That's not even the 'low income' bracket. Teachers struggle to find housing as well. Those are both things that high income people need, especially the former.

Restaurants are shutting down for want of workers. Because they can't afford it.

Low income workers provide valuable services in our communities. Telling them they can't live where they work creates all kinds of problems, both social and environmental - they often drive in to do those jobs, creating more pollution and traffic.

[ Parent | on HN ]
Re:Investors bought a quarter of US homes sold last year by giantg2 on Tuesday August 23, 2022 @07:29PM (#32572975)
Especially along the restaurant line, it seems the rich people would rather be stingy than pay people enough to perform those services and live in the same community. It seems that being able to pay the lowest possible is still a benefit to the rich, even if it's detrimental to society.
[ Parent | on HN ]