This is getting off track from real estate, but your presumption about the down river impact of union pay might seem intuitively true to you, but I can think of at least five rebuttals, also that seem intuitively true, that would refute it. What is it about this particular conclusion that, lacking data to support it, you find so compelling?
Here’s an easy one that’s going to be wildly deflationary compared to union pay-AI is going to make a ton of jobs pretend work over the next five years. Employers are going to be doing reduction in force, not because they aren’t making money, but because their employees are idle. This is going to hugely impact tech and the “new middle class” that’s come to replace industrial work.
I think you’ve mentioned you have your law degree, even if you’re not really practicing-AI is already making paralegals superfluous labor and that’s just with where the technology is today.