A new report by Indeed.com has found that rising housing prices in cities are pushing out whole classes of workers.
For example: There are 77 percent fewer people holding jobs as trailer mechanics and 67 percent fewer as concrete finishers in expensive urban areas. In general, people with lower-paying careers were vastly underrepresented, as they simply can’t afford the sky-high rents.
Here comes HQ2: Boston is on Amazon’s short list for its second headquarters, but the prospect of 50,000 Amazon employees house-hunting in an already-strained housing market could be disastrous. Other cities on the list are likely to face similar problems if selected.
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