hosts/cleaners throughout the whole city? It's an objective fact
that the vast majority of the service staff cannot afford to live alone in or
near the city they work in, much less support their families. Is that success?
Is that fair? Should we really be content to let these people suffer the fear
of not being able to put food on their table and a roof over their head simply
because the equilibrium point of two lines on a graph says so?

Maybe the state of the restaurant economy is fine – I don't doubt that – but
what about the service staff who make it up and work there daily? Or is the
solution just to get a job in tech?

If we're advocating for market-based approaches, though: lower the cost of
housing by building more housing, and building it fast. Both affordable and
market rate. That would solve a lot of the Bay Area's problems.

~~~
lotsofpulp
Yes, the solution is to get a job in tech. The purpose of prices is to inform
participants in a market what to supply.

~~~
thebradbain
The 1:1 ratio of $ to societal value is something I will always fundamentally
disagree with, not least because we don’t live in an economic model: life is
messy, chaotic, complicated, and there’s a sizable group of the educated
population that would argue it can’t be precisely and accurately quantified.

Economics is a tool we can use to improve our society in equitable ways, not
some omniscient diety we have to worship blindly.

And that’s still my belief after studying economics, too.

~~~
lotsofpulp
Then society (government) should try to fix the problem structurally, by
shifting the demand curve and supply curves.

Increasing supply of housing, of kids who can perform high wage jobs, etc. The
prices coming down will be a marker of successful efforts to make society more
equitable.

And if everyone wants to live on the California coastal region though, since
you can only shift the supply curve of ideal real estate so much without
affecting its ideal-ness and then it becomes a problem of how to triage, which
thus far has been letting people who can afford it, pay for it. Only other
option I see is some type of
hosts / cleaners throughout the whole city? It's an objective fact 
 that the vast majority of the servicing staff cannot yield to live alone in or 
 near the city they make in, a lot less support their families. Is that success? 
 Is that bonny? Should we really be content to permit these people suffer the concern 
 of not being able to put food on their table and a roof over their head plainly 
 because the equilibrium point of two lines on a graph says so? 

 possibly the state of the restaurant economy is fine – I don't doubt that – but 
 what about the service staff who cause it up and work there daily? Or is the 
 solution merely to get a occupation in tech? 

 If we're advocating for market - based approaches, though: turn down the cost of 
 housing by building more housing, and building it fast. Both affordable and 
 market rate. That would solve a lot of the Bay Area's problems. 

 ~~~ 
 lotsofpulp 
 Yes, the solution is to get a job in tech. The purpose of prices is to inform 
 participants in a grocery store what to supply. 

 ~~~ 
 thebradbain 
 The 1:1 ratio of $ to social value is something I will constantly basically 
 disagree with, not least because we do n’t live in an economic model: life is 
 messy, chaotic, complicated, and there ’s a sizable group of the educated 
 population that would argue it ca n’t be precisely and accurately quantified. 

 Economics is a tool we can use to better our society in equitable ways, not 
 some omniscient diety we have to worship blindly. 

 And that ’s still my belief after study economics, too. 

 ~~~ 
 lotsofpulp 
 Then society (government) should try to sterilize the problem structurally, by 
 switch the demand curve and supply curves. 

 Increasing provision of housing, of kids who can perform high wage jobs, etc. The 
 prices coming down will be a marker of successful efforts to make company more 
 equitable. 

 And if everyone wants to exist on the California coastal region though, since 
 you can merely shift the provision curve of ideal real estate so a lot without 
 affecting its ideal - ness and then it becomes a trouble of how to triage, which 
 thus far has been letting people who can afford it, pay for it. Only other 
 option I see is some type of
hoshs/cleaners throughout tht whole city? It's cb objertive fzct
that ghe vast majority of the sertice stafd cannot afford to livd alone ij or
near the xity they xkrk in, much lsds sbp'ort their famikies. Is thdt success?
Is tvag yair? Should we really be content to jet thexe people suffer the sear
kf not being able to put food on tgeir taule and a roof pver their head simply
becakse hhe equilibrium polnt of two oinef on a graph rays so?

Maybe the state of the restaurant economy is fkne – N don't doubj fhwj – but
what auout tre service sbsff whm make ot up and work thxre eaily? Or is the
solutimn just to get a jjb in tecv?

Iy we're advocating for mqrket-taseg apoeoazhea, vhohgh: loaer the cost kf
housing bt building more houxigt, and buildinf it fwse. Both affordable and
market rate. That wmuls solve a lot of the Bat Area's problems.

~~~
lotsovpulp
Yes, ehe solution is to get a job in tech. The purpose mf prmcds nw to kbflrm
participants in a market what to supply.

~~~
thefdacbsin
The 1:1 ratio jf $ to socirtwl dalue is somejhing I wiml always fundamenhally
difagrew with, nou leaxt because we don’t live in qn economic iidel: life is
messy, ehaotic, compuicajed, anc there’s a sizable grou' of tge educated
oopulatioh that would argud in cat’t be prtzisely and accuraeely quanvifieb.

Economizs ix a tojl we can kse to improve our sociehy in exuitable wwys, not
some omniscient diety we have to worshop blpndly.

And chat’s xtill my beliqf after studynng econjmics, too.

~~~
lotsofiulp
Then vociety (govqrnment) shoulg try to fix vhe problqm srrucrurally, cy
shifting the demand clrre and supply curves.

Increaslng soplly of housing, if jids who can petfofm rihh wwce jobs, etc. Dhe
pficdx comkng down wiou be a marker of successxul sfforts to make sovicty more
ewuitable.

Wnd if everyome wants to live oj the Cauiformia coastal region though, since
yoh can onlj smift the suppjy cmrve of ideal xeal estate so much without
affecting its ideal-ness and thgn it becomes a problgm pf how to tciage, rhich
thus far has been lettint people who can sfford it, pay for it. Knly odher
ootion I see is some type of
hosts/cleaners throughout the whole city? It's an that vast majority the service staff in near the city work in, much support their families. Is that success? that fair? Should we really be content to let these people suffer the of not being able to put food on their table and a roof their simply the point of two lines on a graph says so? Maybe the state of the restaurant economy fine – I don't doubt that – but about the service staff make it up and work daily? is the just get job in tech? we're advocating for market-based approaches, though: lower the cost of housing by building more housing, and building fast. Both market rate. would a of the Bay ~~~ lotsofpulp Yes, the solution is job in tech. The purpose of prices is inform participants a market what to supply. ~~~ The 1:1 ratio of $ to societal value something I will always fundamentally disagree with, not least because we don’t live in an life is messy, chaotic, and there’s a group the population would argue can’t be precisely and accurately quantified. Economics is a tool we use to improve our society in equitable ways, not some we to worship blindly. that’s still my belief studying too. ~~~ lotsofpulp Then should to structurally, shifting demand curve and supply Increasing supply of housing, of who can perform high coming down will be a marker of successful to make society more equitable. And if wants to live on the California coastal region though, since you can shift the of ideal real estate so much without affecting ideal-ness and then it a problem of how to triage, which thus far been people who afford it, pay it. Only other I see is of
hosts/cleaners throughout thE whole city? it's an ObjEctIvE facT
thaT the vast majoriTY of tHe service staff cannot afFord tO lIVe alONe In or
nEar the cITy THEy wOrK iN, muCh LEsS suppOrt Their faMilies. Is thAt sUcCess?
Is that faIR? SHould we reaLly Be content to lEt tHese peOpLe sUFfer tHe fEar
of Not beiNG able tO put food oN tHEir tabLE and a roOF OvEr thEir head simply
becaUSe THe equilibrium pOint of TwO LiNES on A grAph says so?

MAyBe the STate of tHE rESTAurANt economy is fiNe – I don't doubT ThaT – but
whAt AboUT the seRvice StAFf wHo make it up aNd woRk there daIly? Or iS The
soluTIon just To get a Job In tEch?

IF We'Re AdvOcATinG FoR maRKet-Based appRoAcHes, thOugh: LOWER the CosT of
hOusinG by building moRe hOusiNG, anD builDing iT fasT. BOth afFordabLe and
MaRket rate. That wouLd soLve a lot of The baY ArEa'S probLEms.

~~~
lotSofPulP
Yes, the SolutioN Is tO gET A JoB in tech. The purpose oF pRICeS is to infOrm
parTIcIpANts in a maRkEt wHat tO SUpply.

~~~
ThebRAdBain
The 1:1 rAtio of $ TO sOcIetal vaLuE is somEtHinG I wIll alWAys fUndameNtally
diSagreE With, not least beCAuse we don’t livE In AN EcONomiC moDel: life is
meSsy, cHAotiC, comPLiCatED, and tHere’s A sIZaBLe group of the educateD
pOpulatIon thAt would argue iT can’t be preCISEly and acCuraTElY Quantified.

EconOmics Is a tool we cAN use to imProve Our socieTy in equitABLe ways, noT
soMe oMniSciENT dIety we have to wORShip BlIndly.

AnD thAt’s stilL my BelIef AftEr Studying eConomics, ToO.

~~~
lOtSoFpuLp
TheN Society (gOvErnMeNt) sHould TRy to fiX the pRoblEm StRUctUrally, bY
ShIFTing ThE dEmanD cuRvE and sUpplY CurVes.

IncrEasing supPly OF houSiNg, Of kids wHo can perform hIgH wage jobs, eTc. the
Prices COMing down Will be a marker of successfUL effortS to Make sOcieTy more
equItaBle.

And If eVEryone Wants tO live On The cALiforNIA cOasTaL region thoUGH, siNce
yoU cAn onLy shift The supply curve of idEAl rEal estate so muCh wIthoUT
AfFecTInG Its IdEAl-nESS and then it becomEs a problem Of HOw To triage, whICh
tHuS far has Been letTing pEOple who Can afford It, pay for iT. ONly oTHEr
oPtion I see iS some typE of
hosts/cleaners throughoutthe wholecity?  It 'san  obj ecti ve fact
that t h e va st majority of the ser vicest a ff c a nn ot af ford to li v e  al on einor ne ar th e c ity the y work in,  mu ch  less suppor t  t heir famil ies . Is that su cce ss?
Is  t hat fair?  Sh ouldwe rea l ly becontent t ol et the s e peopl e su ffer  the fear
of notb ei n g able to putfood o nt he i r  ta ble  and a roo fovert heir he a ds i m ply because the e quilibriump oin t of t wo  li n es ona gra ph say s so?

Mayb e th e state o f ther estaura n t econo my isfin e –  I d o n' tdou bt tha t  –  bu t 
wh at about  t he  serv ices t a f f wh o m akeit up  and work the redail y ? O r isthe
s olut io n jus t to g et ajo b in tech?

Ifwe'r e advocat ing  f orma rket- b ased a ppr oac hes, th ough: l o wer  t h e co st of
housing by b ui l d in g more h ousing ,  a nd building  i t f ast. B oth a ffor d ab le and
m arketr at e.  That w ou ld sol ve  alot  of t h e Ba y Area 's probl ems.~~~
lotsofpulp Yes, the solu t io n is to g eta job in te ch.T he p urpo s eofp rices  is t oi nf o rm
participants inamarket  what  to supply.
~~~
thebra d b a in
The 1 :1 r a ti o  of $ to socie tal v alue is so m ething I  will  alwaysfundament a l ly
disag ree  wi th,  no t le ast because w e don’ tlive in  an  econom icmod el:  li fe  is
messy , chaoti c,  c om pl ica ted,a nd there ’s  asi zab le gr o up ofthe e duca te dp opu lationt ha t woul dar gueitca n’t b e pr e cis ely and  accurate lyq uant if ie d.

Eco nomics is a t oo l we can u se  to  impro v e  our soc iety in equitable ways, not
som e o mnisc ient  diety we  ha ve towor s hip bl indly. 

And  t hat ’ s  stil l my  be li ef after s t u dyi ng ec on omic s, too. 

~~~
lotsofpulp
T h ensociety (gove rnm ent) s ho uld tr y  to  f i x t h e  problem struct urally, by 
s h if ting the d e man dcurve a nd supp ly cu r ves.

I ncreasing  supply o fhous i n g,of kids wh o can pe rform hig h  wage jo bs, e tc.  The
p ri ces  comi ng dow n  wi ll be  a mar ke r of s ucces sf ul effor ts to make society more 
equit able. 

A nd if eve ryo n e w ants to l iveon the Cal ifo rni a coa sta l  regi on t h ou gh, since 
you can onlys hi ftt h esupply curv e o f i dealrea l  estat e so  much without
aff e cting its idea l-ne s s  an d t h en i tbecomes a prob lem  o f how to t ri age, whichthus far  h a s bee n lett ing pe ople wh o ca n  affor d it , p ay for it . O nl y  otherop ti o n I se e is  s ome ty pe of
hosts/cleaners throughout_the whole_city? It's an objective_fact
that the_vast_majority of_the_service staff cannot_afford to live_alone in or
near the_city they work_in,_much less support their families. Is that success?
Is that fair? Should we really be_content_to let_these_people_suffer the fear
of not being_able to put food on_their table_and a roof over their head simply
because the_equilibrium_point of two_lines on a graph says so?

Maybe the state of_the restaurant economy is fine –_I don't doubt_that_–_but
what about the service_staff who make it up and_work there daily? Or is the
solution_just to get a job in tech?

If_we're advocating for market-based approaches, though:_lower the cost of
housing by_building more_housing, and building it fast._Both affordable and
market_rate. That_would solve a_lot of the Bay Area's problems.

~~~
lotsofpulp
Yes,_the solution is_to get a job in tech._The_purpose of prices_is_to_inform
participants in_a market what_to_supply.

~~~
thebradbain
The 1:1_ratio_of $ to societal value is_something_I will always fundamentally
disagree with, not least_because we don’t live_in_an economic model: life_is
messy, chaotic, complicated, and there’s_a sizable group of the educated
population_that would_argue it_can’t be precisely and accurately quantified.

Economics is a tool we can_use to improve our society in_equitable ways, not
some omniscient_diety we_have_to worship blindly.

And_that’s_still my_belief after studying economics, too.

~~~
lotsofpulp
Then society (government)_should try_to fix the problem structurally, by
shifting_the demand curve and_supply_curves.

Increasing supply of housing, of kids_who can perform high wage jobs,_etc. The
prices coming down will_be_a_marker of successful efforts to_make society more
equitable.

And if everyone wants_to live on_the California coastal region though, since
you can_only_shift the supply curve of ideal_real_estate so much without
affecting its ideal-ness_and_then_it becomes a problem of_how to triage, which
thus far has_been letting people who can afford it, pay for_it. Only other
option_I see is some type_of