Oddbean new post about | logout
▲ ▼
33e971a3 | 11 months ago (raw) | root | parent | reply | flag +3 
 IIRC, my portion of the town property taxes comes out to 1500, so I'm effectively paying a little over that now if you split the cost between myself and my younger brother.

*then they should move someplace cheaper or demand higher wages*

So people complain about price increases due to wage increases, businesses don't want to reduce their profits, and landlords don't want to cut rents. And people moving to lower cost of living locations ends up driving up rents in the new places. So there isn't a magical escape plan.
▲ ▼
33e971a3 | 11 months ago (raw) | root | parent | reply | flag +2 
 *The solution for high prices is high prices.*

Increase the supply of housing!

I shouldn't have to go move halfway across the country to find somewhere to live, and then spend the bloody savings on daycare because I can't afford to live near my kids grandmother who would be a far better babysitter.