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Old Yesterday, 03:53 AM
76,275 posts, read 75,645,150 times
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they never will align .

housing increases are based on shortages and supply .. it is not fixed by increasing wages . like we saw with oil , increase supply or drop demand and prices plunge .

wages are based on how the market place values the things you do compared to what others cant or wont do for themselves .

two different issues
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Old Yesterday, 06:35 PM
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Originally Posted by Matthew_MI View Post
Employer “I’m giving you a generous 2% raise”. Land lord “Rent is going up 6%”. How long can that last? Wages haven’t been keeping up with housing for years.
If an employee is worth more than a 2% raise they can go get it. That’s your leverage as an employee. A credible threat to walk out the door. And the landlord must be filling vacancies at that price if they can raise it that much, no?
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Old Today, 10:28 AM
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Originally Posted by RationalExpectations View Post
You accidentally posted this in the Economics forum. Instead, it should be in the creative WRITING forum, as it has nothing to do with actual, you know, real economics.

Debt only increases bottom line in short term. Eventually you end up with a debt ridden population that can take on no more debt unless you want a Jubilee year and forgive all debt so people can start buying more and more stuff all over again.

Long term consumer debt is just smoke and mirrors, pretending you are selling more when all you are doing is selling now what otherwise you would sell in the future. And the bankers collecting interest on debt are the only real winners. Meaning you pay whole lot more to have your ice cream cone NOW! Debt=indentured servitude. All big gamble that debtor will remain gainfully employed 5o pay off the debt and economy wont tank.
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