In rent, employment and retraining, there is no such thing as certainty
Rent certainty, wage certainty and retraining certainty. All have been in the news over the past couple of days. All have become political and ideological footballs, to a greater or lesser extent.
But evidence and fact have received less attention than they might in discussions and debates. Spin and populist posturing have been more in evidence than they should.
Permit me to start with an observation that links all three issues. When discussing the role of the State and the role of markets in such things as housing, wage-setting and improving employment outcomes, there tends to be a polarisation of views.
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