Earlier quoted context omitted.
Saying that employees expecting a livable wage is "parasitizing earnings" is a pretty outrageous claim. More defective programming in the wetware. Why is pay the only part of the equation? When Japan realized that their housing market was undermining living standards in the late 90’s, they cracked down on NIMBYism and took housing and land zoning authority away from cities. The housing market almost immediately corre…
>More defective programming in the wetware. Why is pay the only part of the equation? When Japan realized that their housing market was undermining living standards in the late 90’s, they cracked down on NIMBYism and took housing and land zoning authority away from cities. The housing market almost immediately corrected itself and housing prices in suburban Tokyo have been in free-fall ever since. You can get a 2000s…
This is equivalent to saying sky-high housing prices in Tokyo didn't need fixing, since folks could always just live in Hokkaido--a pragmatic absurdity.
A city is a giant organism that needs people to play a variety of roles in order to thrive. All those people deserve (and arguably, for the health of the city, need) to be able to earn enough to live with some dignity. If only the wealthy can afford decent housing near a city, that city is no longer a functional community--it's a NIMBY bubble that creates a feedback loop of socioeconomic disparity.