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consider all the resort towns crying how they can't find enough service workers
before, service workers were probably living with a few roommates and doing okay because their individual expenses were low. but the lockdowns cost some of them their jobs, and they had to move back home, and all those fragile little living arrangements were smashed in an instant. even the ones who wanted to stay probably couldn't afford to without their roommates
and now, rent is sky high so even if the exact same group of roommates all got jobs and wanted to move back to that town because they all had nothing better to do, they probably can't afford to do it
the situation that slowly built up over decades to allow the resort town access to cheap labor is gone, and unless someone intentionally rebuilds it it's probably not coming back
RT: https://poa.st/objects/fa960e3f-a512-41e9-8275-d530a9658a08
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@deprecated_ii When you map out equilibriums in economics or game theory, one of the important lessons is that some of the approaches are one-way paths. Everything is not a pendulum. Things can achieve a new stable state without necessarily having a path back to the previous state.
Destructive events (like Covid) move you to new states that can't be reversed with "creative" or positive events.
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@PunishedD @deprecated_ii this is something a lot of people claim to understand, but only see in hindsight. It's like a combustion cycle, you can't go from power stroke straight to intake.