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In reply to the discussion: Employers are paying up to address labor shortages [View all]GB_RN
(2,355 posts)13. Rent Where I Live Is Also Astronomical...
Compared to 20 years ago...with wages not having grown commensurately. And yes, credit checks are required, too. But as bad as rent is, houses are worse. New houses are going for $350k+ in pre-planned subdivisions. There's also nothing affordable in terms of "entry-level" housing. I've heard anecdotal stories from real estate agents about people relocating here with businesses to the RTP (like Apple, etc) who think housing here is ultra-cheap, and pay asking price for existing housing, no questions asked, which just keeps prices elevated.
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Now if they would jump up all those jobs to another 10-15% they could be back
flying_wahini
Jul 2021
#10
still amazes me how a business model exists on paying your workers the least amount possible
Javaman
Jul 2021
#16
Ah, the sweet smell of supply and demand...finally actually stepping in and taking ...
SWBTATTReg
Jul 2021
#22