OR supply can change. Increased demand, in the long run, in a well-functioning market can cause market price to fall. Because supply goes up, and production in volume decreases cost.
Anyway we're talking people here (for now; AI will change this and soon). The only way unit price goes down is if their own costs go down e.g. education loans drop or disappear.
I think what I said holds true independent of increasing housing supply, which I also support. A functional market would find a labor price where necessary workers can afford the housing price, or face going without their labor.
I think the current approach is counter productive because it tries to bypass this with policy solutions that mean workers keep making unsustainable wages, but are subsidized in several other ways with poor implementation.
>Anyway we're talking people here.... The only way unit price goes down is if their own costs go down e.g. education loans drop or disappear.
Im not sure what you are saying here.
I dont think the costs to become a teacher are the bottleneck. Cost of living is the financial bottle neck, and the misery of working in a dysfunctional school districts is the emotional bottle neck.
I know several former teachers in SF. You can afford to be a teacher in SF if you have rent control, but not if you dont. Some left for jobs that pay even worse because the conditions were so bad (broken bones from students, incompetent administrators, hostile parents, ect)
Anyway we're talking people here (for now; AI will change this and soon). The only way unit price goes down is if their own costs go down e.g. education loans drop or disappear.