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by nradov
1430 days ago
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That's only true if you don't count skilled labor as a "resource". Repairing badly corroded vehicles isn't economically viable because it takes so much work to cut and weld the corroded body and frame parts. So that kind of repair is only done for collector items. Regular cars just get junked and replaced. |
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And labour is expensove because rent is expensive. Countries with cheap rent have enough labour to repair things, countries with expensive rent are throwing away perfectly good dishwasher because 1 motor must be replaced and there is noone to do it.
I was just listening to an economic analyst bleating how a potential fall in house prices would be terrible. Noone is reflecting on the fact that housing shortage has done more economic damage than the Plague.