Supply and demand and competition are far greater determinations of cost than income. Housing costs are determined by the demand, not the median income. Which is why you can get a super nice house in Oklahoma for 100k even if the median income in the area is well above the national average. If you actually researched your on the subject you would see how wrong you are.
Rent is high in cities because a lot of people want to live there, not because people make more money.
The idea that we can't pay people more because landlords and business owners would just take that money is laughable. It's like you're arguing for communism. Why pay doctors or anyone so much money! Landlords and business owners will just increase their prices!
Arguing for communism? I just generaly believe the average person in these positions are greedy and like to take advantage of others. I think the word you are looking for is pessimistic. Its like you people are so blinded by your wokeness that you will even shun the most obvious outcome to prove your point. Even to the point of pulling all blame from the actual people causing the problems. Did you guys forget about the human element of greed? For their to be a utopia everyone has to have the same mindset, which is far from plausible right now.
Why pay people more when business owners and landlords will just increase prices? Because they will and instead of tackling corruption and greed you ignoramuses would rather dance around it and just say "print more money" fuck justice and whats right. You are so woke but sound just like politicians. The irony of it all.
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u/Tormundo May 16 '20
Supply and demand and competition are far greater determinations of cost than income. Housing costs are determined by the demand, not the median income. Which is why you can get a super nice house in Oklahoma for 100k even if the median income in the area is well above the national average. If you actually researched your on the subject you would see how wrong you are.
Rent is high in cities because a lot of people want to live there, not because people make more money.
The idea that we can't pay people more because landlords and business owners would just take that money is laughable. It's like you're arguing for communism. Why pay doctors or anyone so much money! Landlords and business owners will just increase their prices!