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0 pointstoomuchtodo2y ago0 comments

If you damage the city's economy, would that not lead to a reduction in housing costs eventually? If you can't build your way out, destroy demand.

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bobthepanda2y ago

Tourism isn’t even particularly good at being an economic driver in a rich economy; nearly all the jobs it creates are low paid, because by definition you’re limited to people’s travel budgets.

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0 pointstoomuchtodo2y ago0 comments

If you damage the city's economy, would that not lead to a reduction in housing costs eventually? If you can't build your way out, destroy demand.

0 comments

bobthepanda2y ago

Tourism isn’t even particularly good at being an economic driver in a rich economy; nearly all the jobs it creates are low paid, because by definition you’re limited to people’s travel budgets.

j / k navigate · click thread line to collapse