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A comment on The Effects of Major Retailers Raising Their Minimum Wages. Parent comment

Re:The Effects of Major Retailers Raising Their Minimum Wages by spamizbad on Monday December 06, 2021 @10:01AM (#29460492)
Really shows the power land owners have to capture upside.
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Re:The Effects of Major Retailers Raising Their Minimum Wages by cortesoft on Monday December 06, 2021 @10:06AM (#29460551)
Isn't it more about the inelasticity of housing supply? When demand goes up, prices go up?
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Re:The Effects of Major Retailers Raising Their Minimum Wages by jjoonathan on Monday December 06, 2021 @10:09AM (#29460584)
Just who do you think relentlessly votes, lobbies, and politicks to ensure that housing supply is inelastic? The tooth fairy?
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Re:The Effects of Major Retailers Raising Their Minimum Wages by giantg2 on Monday December 06, 2021 @10:21AM (#29460773)
I think it's more about distribution than straight supply. That distribution is largely constrained by employer location (job availability). Lots of cheap housing in Appalachia since manufacturing, coal, and steel has left. There just aren't many jobs, and employers don't want to move there to change that (vicious cycle).
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Re:The Effects of Major Retailers Raising Their Minimum Wages by cortesoft on Monday December 06, 2021 @10:14AM (#29460654)
All homeowners, not just landlords?
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Re:The Effects of Major Retailers Raising Their Minimum Wages by jjoonathan on Monday December 06, 2021 @10:02AM (#29460502)
The more things change, the more they stay the same.
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