Re:If pay had kept pace with productivity gains, minimum wag...
by SamReidHughes on Saturday October 10, 2020 @06:14PM
(#24742259)
San Fran also has rent control, good weather, and high income jobs.
But while Prop 13 also affects politics around new construction, it's a far reach to use its long term effects on voter behavior to associate general concepts of lower taxes and less regulation with higher rents or lower wages.
Notably, it's a law that taxes people unequally.
And, Boston, NY, etc. rents are NOT as high as San Fran.