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by branchless 3355 days ago
Right at the end:

"She pays $750 a month for a room on the edge of the city with seven roommates".

Financialisation of housing is killing the UK. Work has no real meaning because value created is unrelated to fiat money appropriated. The divide between have and have not is massive. Immigration is being used to prop up demand for housing as nobody can pay for a small apartment any more so people live 8 to a small house.

1 comments

You're right but HN hive mind is destroying you.
It's the worst site on the internet for economics. The mixture of econ 101 and smug closed-mindedness from success in other fields is hard to beat.