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??? In that case, the government should not interfere with the agreement made between consenting adults for housing, right?
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Originally Posted by freemkt
What should maximum housing density be?
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Originally Posted by freemkt
What should the maximum housing density be? What the market will bear?
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Originally Posted by freemkt
Government should not tell anyone how many housing units they are allowed to build.
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Originally Posted by freemkt
Should government tell developers how many housing units they can build or the density they are allowed? Should government tell landlords how many unrelated individuals can live in a dwelling? Should there be government supply controls (zoning)?
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Originally Posted by freemkt
Why not apply your reasoning to housing?
Developers should be allowed to build whatever the market will accept, at any size and/or density the market will accept. Landlords should be allowed to rent out whatever housing the market will accept. How can you reject free market capitalism?
Why the hard on about housing in a thread about minimum wage? I saw that you tried to connect the two, but you're just off topic here. Try keeping to the point. If you believe that the two are actually connected and inseparable, then make your case already. Otherwise, take your housing discussion to a housing thread.
It’s important to understand how good this evidence is. Normally, economic analysis is handicapped by the absence of controlled experiments. For example, we can look at what happened to the U.S. economy after the Obama stimulus went into effect, but we can’t observe an alternative universe in which there was no stimulus, and compare the results.
When it comes to the minimum wage, however, we have a number of cases in which a state raised its own minimum wage while a neighboring state did not. If there were anything to the notion that minimum wage increases have big negative effects on employment, that result should show up in state-to-state comparisons. It doesn’t.
Of course, if most minimum wage workers were middle-class teenagers, many of us might shrug off concerns about their wages, since they are taken care of in other ways. But in reality, the low-wage work force has become older and more educated over time. In 1979, among low-wage workers earning no more than $10 an hour (adjusted for inflation), 26 percent were teenagers between 16 and 19, and 25 percent had at least some college experience. By 2011, the teenage composition had fallen to 12 percent, while over 43 percent of low-wage workers had spent at least some time in college. Even among those earning no more than the federal minimum wage of $7.25 in 2011, less than a quarter were teenagers.
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Originally Posted by bobtn
a/k/a Undertrained, undereducated, adults holding hostage 88% of jobs meant for teens just entering the workforce.
The above (see bold area) undercuts your assertion.
and only 1 in 37 Americans earn minmum wage. All at McJobs.
Yeah, that 1/37 makes it sound like a small number -- except when you subtract from that 37 those Americans who are too young to have a job; those that are retired and those that are disabled.
Early this year the Economic Policy Institute estimated that an increase in the national minimum wage to $10.10 from its current $7.25 would benefit 30 million workers. Most would benefit directly, because they are currently earning less than $10.10 an hour, but others would benefit indirectly, because their pay is in effect pegged to the minimum — for example, fast-food store managers who are paid slightly (but only slightly) more than the workers they manage. source
Yeah, that 1/37 makes it sound like a small number -- except when you subtract from that 37 those Americans who are too young to have a job; those that are retired and those that are disabled.
What's your point? How does raising the wage fix the problem?
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