So you’re saying solely blame employers for consistent rent increases that top 10% year over year in some markets?

Employers aren’t going to keep raising everyone’s salary 10% every year to compete with the amount of greed in housing markets. Small ones can’t afford to, and large ones will be punished brutally by their investors for doing so.

Two things can be true: salaries can have stagnated, and rents / housing prices can have skyrocketed as well.