And, of course, encouraging homeownership makes this worse. Good thing that most of the Western world hasn’t made that an explicit policy goal for the past decade...
Homeownership makes employees less willing to relocate, but also more tolerant of short-term decreases in the demand for their skills, since they can postpone maintenance on a house (or perform it inefficiently themselves with the surplus time) more safely than they can miss rent payments to a landlord.
And, of course, encouraging homeownership makes this worse. Good thing that most of the Western world hasn’t made that an explicit policy goal for the past decade...
Homeownership makes employees less willing to relocate, but also more tolerant of short-term decreases in the demand for their skills, since they can postpone maintenance on a house (or perform it inefficiently themselves with the surplus time) more safely than they can miss rent payments to a landlord.
Try three.
Is this a reference to this saying?