Re:Minimum Wage Still Can’t Pay For A Two-Bedroom Apartment ...
by magashna on Wednesday June 19, 2019 @02:25PM
(#20225814)
the bay is not lower end is it
[ Parent
| on HN ]
Re:Minimum Wage Still Can’t Pay For A Two-Bedroom Apartment ...
by SomeOldThrow on Wednesday June 19, 2019 @02:43PM
(#20226018)
Every market has a working class. You can’t just pretend supply and demand will provide labor with perfect elasticity. Part of why development is so difficult is the labor pool in the bay area is massively outstripped by demand for labor driving up costs and slowing down development.