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Landlords have already increased rents, that is done because of demand, not because minimum wage has gone up. A landlord doesn't care if someone is making $15/hr minimum wage if they have people making $250K that want to rent their apartments. Affordable housing is a different issue, and the minimum wage doesn't have any effect on this issue.
Exactly. Minimum wage has nothing to do with affordable housing. The costs of living in Seattle are increasing because so many people are moving here and there literally is not enough houses.
Trump, the man that wants to bring back jobs from China? He is going to all for signing a bill to get rid of minimum wage and the Republicans in Congress are looking like they would be more than happy to push something like this through Congress. I don't have any faith in Trump and the Republicans when it comes to this one.
I would almost bet that the minimum wage actually increases under Trump. The repubs could offer it as a concession in order to get the votes required in the Senate to get major legislation passed.
I would almost bet that the minimum wage actually increases under Trump. The repubs could offer it as a concession in order to get the votes required in the Senate to get major legislation passed.
The minimum wage is now at such an appallingly low level relative to inflation that it is getting increasingly a level only the third world and Southern states find acceptable. I dont think any major extreme anti-worker legislation can get support from Dems simply by giving some bones on a symbolic minimum wage increase.
Exactly. Minimum wage has nothing to do with affordable housing. The costs of living in Seattle are increasing because so many people are moving here and there literally is not enough houses.
It's not just Seattle that has this problem. The bay area, Greater Los Angeles, NYC, Chicago and any other large city has this problem. They don't have enough room to build more housing. Their options are either to destroy buildings and build on the lots or convert structures into lofts or apartments.
Exactly. Minimum wage has nothing to do with affordable housing. The costs of living in Seattle are increasing because so many people are moving here and there literally is not enough houses.
I experienced the effects of minimum wage in my youth and so directly, multiple times its negative effect on the minimum wage worker. I remember working and watching the idiots coming in going on about how they did their part to "help" the poor minimum wage worker while my rent went up, while my work of advancing was erased, and how stupid those people were for their dumb actions and comments.
People who think otherwise are liars or ignorant. They have no clue, they have only an agenda and lying is their tool to see it through.
I experienced the effects of minimum wage in my youth and so directly, multiple times its negative effect on the minimum wage worker. I remember working and watching the idiots coming in going on about how they did their part to "help" the poor minimum wage worker while my rent went up, while my work of advancing was erased, and how stupid those people were for their dumb actions and comments.
People who think otherwise are liars or ignorant. They have no clue, they have only an agenda and lying is their tool to see it through.
Nope, because your experience in life is different than others, doesn't mean what you say is correct because your view does not reflect the entire economy. It's also pure ignorance on your part of you not correlating the effects of high-cost areas versus government policy in detail.
What Kevdawgg said is spot on. Because there is a shortage of housing for everything that wants to be there, prices go up. (*ahem* because of the free market)
The way to fix it is: build more housing
However... several problems to consider:
Housing/real estate is considered inelastic supply (i.e. you can move to places faster than houses can be built). It takes time to add housing due to regulations and zoning laws that the city enacts.
If you want to add housing in a limited amount of space, you have to build vertically and demolish what is currently sitting on that piece of land. However, some of those buildings that sit on those pieces of land are of historical and cultural value that shouldn't be demolished. You don't demolish Lombard Street (in San Francisco), nor do you allow high-rises to rise all 4 corners of a public park (there's no sunlight, what's the point of the park then), etc... There are many many many factors to consider.
The solution isn't to tell people to move farther out (because that's what they're currently forced to do right now as cities are struggling to build more housing), because eventually you'll have a city in which only the richest of the richest are fighting amongst each other for housing. How is Starbucks, Target, Teachers, etc... supposed to live there? We kind of still need to make the economy function by having service sector jobs.
Also, the fundamental reason why people want to live in a city is because it is desirable. Quirky culture, progressive values, technology, and the likes are for example some of the reasons why people want to live in a given city.
I would almost bet that the minimum wage actually increases under Trump.
The Federal minimum wage is irrelevant. It's been overtaken by the market. There are those who don't want to admit it because only the government can serve the people. And why so much emphasis on the minimum wage workers? What about college grads? Many are getting jobs at $15 an hour after 4 years and hundreds of thousands of dollars. You got a plan for them?
First, only a handful of business pay the absurd $15/hour. Second, it is not about businesses closing as much as it is demographic changes.
Can the idiot liberals actually answer these simple questions?
If the value of $15/hour doesn't change due to inflation, who is going to hire a convicted felon at $15/hour? Who is going to hire a recent immigrant with limited English language skills at $15/hour? Who is going to hire a high school drop out at $15/hour?
Minimum wage laws are just plane dumb and have never worked. And the fact is, nobody deserved $15/hour to flip burgers. Want more money? Go to school and get a better job.
This is all thanks to this evil politician named Kshama Sawant, a socialist who is basically the "Stalin" to Donald Trump's "Hitler." A politician who, I might add, most people in this city are sick of and ran for re-election in a very liberal district instead of city-wide because she knew she would lose.
The fact is, aside from universal freedoms, no one is entitled for $15/hour. In fact, you are entitled to NOTHING:
If anyone gave that speech, they would get my vote in a second.
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Third or Fourth???
