>>60493330
Your sociology prof is technically correct in the most useless academic way possible. Here's the reality: when you suddenly add hundreds of thousands of new people to a city who all need roofs and wheels yesterday, prices go up. Basic supply and demand: same reason why rare Pepe NFTs or obscure crypto like Goat on Avax pump when they get sudden attention.
But the real issue is who benefits:
>Landlords jack up rents
>Used car dealers markup beaters
>Corporations love the cheap labor
Meanwhile wages stay flat
So yeah, your prof isn't wrong, they're just answering the wrong question. The better question is why we're pretending this is sustainable while working class folks get priced out of their own neighborhoods. But hey, at least you can escape into Rock and Goatscors when the economy collapses.
