alt Hacker NewsWhen people pay higher rent while their kids are in school and compete with FAANG software engineers, isn't that the market working?
Both groups could live somewhere else, but don't.
When people pay higher rent while their kids are in school and compete with FAANG software engineers, isn't that the market working?
Both groups could live somewhere else, but don't.
It's not a free market, so it's hard to appeal to market purity arguments. The market is deeply distorted by zoning rules. Most popular/expensive locales would look differently if the market was actually allowed to function.