Re:The Effects of Major Retailers Raising Their Minimum Wages
by matsemann on Monday December 06, 2021 @10:22AM
(#29460791)
Becoming a landlord means more buyers for the same houses, thus pushing the housing prices instead, possibly taking them off the market for other's that want to own their own.
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Re:The Effects of Major Retailers Raising Their Minimum Wages
by mostertoaster on Monday December 06, 2021 @10:53AM
(#29461221)
There will always be those who have and those who do not, the weak and the strong, the poor and the rich.
The question is, will those with power (money, connections, education) use it to gain more for themselves or to lift up the poor.
The idea that a homeless person’s problem is just, that they can’t afford rent or a mortgage is absurd, and would just prove that you’ve only ever dealt with homeless people at an abstract level.
Re:The Effects of Major Retailers Raising Their Minimum Wages
by matsemann on Monday December 06, 2021 @11:09AM
(#29461471)
I never talked about homelessness. I had young renters in mind, wanting to buy but seeing the prices skyrocket away.
Re:The Effects of Major Retailers Raising Their Minimum Wages
by mostertoaster on Thursday December 09, 2021 @01:18PM
(#29500940)
Ahh I see. I’d probably consider selling my house cheaper to tenants if they’re good.
Though I guess this is a little bit of the “to he who has more will be given, to he who doesn’t have, even what he does have will be taken from him”