My thoughts are similar, but I think the cost of commercial space is also driving costs up for everyone, so I classify it as "rent." I'd love to see data, but small businesses (at least in certain sectors) seem bare able to survive--opening and closing constantly.
But, to get to a root cause, I think we have to keep asking why. Why are rents high? One reason is that cities seem unwilling to rezone. Okay, why is city council/the mayor unwilling to rezone (sometimes vast swaths of single family homes?) Voters? Corruption? Something else?
There are several root causes we can potentially drill further down to, but making headway will likely require hard work and involvement in our communities. You could always try running for something and becoming a politician.
My point is: when looking for the "root cause" of these problems, people shouldn't stop asking when they get to the rent being high, that's a symptom.
Additionally, if people care about helping younger generations, it's within reach to jump in and help shape the communities they'll be living in. E.g. If an issue is zoning, go to zoning meetings.
Yes, I think we need to reform zoning and build like crazy. With everything costing a million dollars on the west coast, I don't see why there isn't a crane every block putting up a new building
But, to get to a root cause, I think we have to keep asking why. Why are rents high? One reason is that cities seem unwilling to rezone. Okay, why is city council/the mayor unwilling to rezone (sometimes vast swaths of single family homes?) Voters? Corruption? Something else?
There are several root causes we can potentially drill further down to, but making headway will likely require hard work and involvement in our communities. You could always try running for something and becoming a politician.