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Re:SemiAnalysis: America Is Missing the New Labor Economy – ... by s1artibartfast on Tuesday March 11, 2025 @03:13PM (#43336005)
This seems reductive. Not all goods have inelastic demand and no substitutes or alternatives. Not every industry is supply limited. Said differently, not everything is immune to competition.

If cost of housing goes up, building and moving become more attractive by comparison. Instead of saving 500/mo by commuting, now you might save $1000 by relocating.

Rate limit edit: I said commuting, not going going to live in some random place.

Re:SemiAnalysis: America Is Missing the New Labor Economy – ... by jacobgkau on Tuesday March 11, 2025 @03:31PM (#43336160)
> If cost of housing goes up, building and moving become more attractive by comparison.

Do you think "just move away from the city centers (where all the jobs that you used to need are) to random middle-of-nowhere wherever-we-have-space" will hold forever, and won't trail off once the initial phenomenon of everyone dispersing is finished?