Stephen Yearwood
1 min readMar 31, 2019

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So rising prices for houses is causing remuneration within firms (for workers, not senior executives) to be less than it would otherwise be? What? Much of that rise in prices is due to people and institutions that do have money to spare buying real estate for the sake of doing something to do with all the money they have: in other words, yet another speculative bubble caused by too much money in too few hands.

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Stephen Yearwood
Stephen Yearwood

Written by Stephen Yearwood

M.A. in political economy (money/distributive justice) "Please don't confront me with my failures/ I'm aware of them" from "These Days," as sung by Gregg Allman

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