It's an observed effect that rent increases until everyone is just as miserable ... | Hacker News

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		immibis 76 days ago \| parent \| context \| favorite \| on: The ‘white-collar bloodbath’ is all part of the AI... It's an observed effect that rent increases until everyone is just as miserable as before. Regulatory capture of the building industry might have something to do with it, but you can't just say it doesn't happen.

bawolff 76 days ago [–]

Sure I can. Go to different cities. Observe how they have different average rents. Observe how they change over time.

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