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A comment on The Fed plans to sharply boost unemployment. Parent comment

Re:The Fed plans to sharply boost unemployment by randomdata on Sunday September 25, 2022 @04:18PM (#32975650)
> Now imagine what happens when blue collars get saturated again.

The downward pressure on their compensation will see the cost to build new homes come down and thus the market will trend towards affordable again? After all, like all things, the cost of a used home is a function of the cost of a new home.

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Re:The Fed plans to sharply boost unemployment by perfecthjrjth on Sunday September 25, 2022 @05:14PM (#32976334)
Well, in HCOL areas, the land costs more than the labor charges.
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Re:The Fed plans to sharply boost unemployment by randomdata on Sunday September 25, 2022 @08:24PM (#32977959)
In total, but you're building denser so the per-resident cost ends in a similar ballpark.
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