News for hackers. Stuff that matters.

A comment on American workers are demanding almost $80k a year to take a new job. Parent comment

Re:American workers are demanding almost $80k a year to take... by trylfthsk on Monday August 21, 2023 @11:49AM (#37211199)
Isn't this mean reversion? The US seems to have exhausted much its cheap developable land near major city centers, and I think you'll eventually see the same pattern that seems to play out through the bulk of the world: Extremely expensive land relative to salary, and an entrenched (hereditary?) land-holding baronage.
[ Parent | on HN ]
Re:American workers are demanding almost $80k a year to take... by efields on Monday August 21, 2023 @11:53AM (#37211282)
We have not done that. There's still plenty of developable land close to cities, and plenty of inefficient uses of space that can be better utilized. The problem is who owns it.
[ Parent | on HN ]
Re:American workers are demanding almost $80k a year to take... by JumpCrisscross on Monday August 21, 2023 @05:45PM (#37215758)
> still plenty of developable land close to cities

Hell, there's plenty within cities [1].

[1] https://escholarship.org/content/qt5gc6w0vd/qt5gc6w0vd_noSpl...

[ Parent | on HN ]
Re:American workers are demanding almost $80k a year to take... by cratermoon on Monday August 21, 2023 @05:52PM (#37215837)
"On average, 22% of all land in city centers of metropolitan areas with over a million people was dedicated solely to parking." https://parkingreform.org/resources/parking-lot-map/
[ Parent | on HN ]