If you really need them, then pay them more. Otherwise you dont need them do you.
People dont want to pay a business enough so they can hire people? Then you dont get the business.
Economics works itself out if you let it.
People dont want to pay a business enough so they can hire people? Then you dont get the business.
Economics works itself out if you let it.
How are you not for that if you believe what you stated in your last sentence?
> Economics works itself out if you let it.
Sure. But exclusive single-family zoning, for example, isn't exactly "letting it".
It's not just the businesses that are lost. Entire towns are at risk. We're facing the same problem in a lot of small mountain towns here in Colorado. Businesses can't hire because workers can't afford to leave anywhere near. The poor business environment and rising prices destroys the quality of life for locals, and the feedback can drain the population.
I feel like this is an experiment that hasn't been fully conducted on a large scale anywhere, but I fear it will be soon.
If their business is not a necessity or something the community wants, then yes they are going out of business.
I have sympathy for that small town feel, trust me. But thats how its going to go.