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Re:On Cultures That Build by aaomidi on Friday June 19, 2020 @04:13AM (#23572249)
So there isn't an issue with minimum wage stagnating compared to inflation?
Re:On Cultures That Build by scatters on Friday June 19, 2020 @05:53AM (#23572859)
Inflation is influenced by minimum wage. If wages rise but people are competing for access to an artificially restricted housing market, all that will happen is house price and rents go up to absorb the increase; the only people better off will be landlords and homeowners with a larger house than they need.
Re:On Cultures That Build by marcus_holmes on Friday June 19, 2020 @05:20AM (#23572687)
yes there is, but it's a separate issue
Re:On Cultures That Build by SpicyLemonZest on Friday June 19, 2020 @11:07AM (#23575220)
If we don't allow the housing supply to match demand, no minimum wage will be enough.