Logen Kain on Nostr: Oh, I fully agree that materials, equipment, and specialized labor are expensive, but ...

Oh, I fully agree that materials, equipment, and specialized labor are expensive, but would those costs not be forced lower if no one is able to pay for them? Would the medical system just die away in spite of the demand? I doubt that.

I've heard, though haven't researched, that dental and medical work in Mexico is often, not only cheaper, but more advanced.

And it's well known that medication is cheaper in both Canada and Mexico.

So, expense, at least for drugs and equipment, is flexable.

As for housing, if people can't buy at the current prices, they will drop.

Without loans, either labor or material costs will have to go down.

When it comes to both of these industries, there is a permenant demand. People need health and housing.

Will wages go down? Probably. Maybe the doctors, the secrataries, drug manufacturing workers, raw material workers, everyone in the chain?

The market will adapt.