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Neural Foundry's avatar

Excellent breakdown of how labor constraints propagate through local economies. The construction bottleneck analysis is especially sharp, most people don't connect immigrant labor shortages to housing costs because they're thinking about demand when the real constraint is supply-side. I've seen this play out in real time in markets where enforcement crackdowns happened and suddenly projects just stopped mid-construction. The cumulative household finance point nails it, wage gains get swamped by price increases across every category. Dunno why policy debates still frame this as zero-sum when the evidence keeps showing it's negative-sum for everyone invovled.

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