> Canadian tech companies love to complain about lack of talent, but they're not willing to pay for it [...] They most likely to a large extent can't. It's just a different model both as comapnies and country. In…
No, what he is essentially saying is that far earlier than you can produce enough housing so everyone can live in the bay area, the cost of production will be higher than what people who want to live there can afford.
It's not just individuals. If people can't contribute to the project it is hard to build or maintain knowledge about that technology so another party can use it at all. Sharing code that few people de facto can use…
That is just ignoring even the most basic economics. The quantity isn't relevant without price. The problem here isn't economic sophistication so much as few people other than timr seems to have actually read just a…
I don't know about the US, but my experience from Europe is that many smaller cities have become, at least relatively, unaffordable as well. It seems like almost anywhere with decent density and transportation has now…
As I said, a shift in demand. Yes, if you increase supply and if nothing else changes there is a decrease in price. But if you increase supply and the area therefor e.g. becomes more popular among people who earn more…
> Some well-meaning progressive people who don't understand supply and demand are fooled by such arguments, [...] For the laws of supply and demand to be accurate they require that only quantity and price changes. The…
> Canadian tech companies love to complain about lack of talent, but they're not willing to pay for it [...] They most likely to a large extent can't. It's just a different model both as comapnies and country. In…
No, what he is essentially saying is that far earlier than you can produce enough housing so everyone can live in the bay area, the cost of production will be higher than what people who want to live there can afford.
It's not just individuals. If people can't contribute to the project it is hard to build or maintain knowledge about that technology so another party can use it at all. Sharing code that few people de facto can use…
That is just ignoring even the most basic economics. The quantity isn't relevant without price. The problem here isn't economic sophistication so much as few people other than timr seems to have actually read just a…
I don't know about the US, but my experience from Europe is that many smaller cities have become, at least relatively, unaffordable as well. It seems like almost anywhere with decent density and transportation has now…
As I said, a shift in demand. Yes, if you increase supply and if nothing else changes there is a decrease in price. But if you increase supply and the area therefor e.g. becomes more popular among people who earn more…
> Some well-meaning progressive people who don't understand supply and demand are fooled by such arguments, [...] For the laws of supply and demand to be accurate they require that only quantity and price changes. The…