Quote:
Originally Posted by CaramonLS
Actually I think it is part of it, particularily in the low income brackets.
Unaffordable housing means that Maritimer isn't going to come here to take a job at the local Earls restaraunt, when that kind of Salary can barely afford to cover your cost of living.
Those low end jobs aren't seeing even close to the returns that would cover the increased cost of living in this city.
Having worked at an Earls for a few years ago in the summer time, probably 30-40% is from out of town.
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I agree it can cause a shortage of a certain kind of worker, but not an overall shortage of workers.
Everyone that's renting has a job to pay their rent, it just means those renters are working at higher paying jobs.
I'm just saying artifically keeping rents low is not going to help the labour shortage, since it's the actual rental units (and housing in general) that's constrained. 1000 people want to move here, but only 100 can because there's only 100 places to live.