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$15/hr Min Wage and Rent Increases (Now A Min Wage Discussion)
Posted on 1/16/21 at 9:28 am
Posted on 1/16/21 at 9:28 am
I know the wage increase will eventually cause a rise in goods and such but how does it affect housing? I would assume most landlords don’t run a multi employee business and wouldn't immediately be impacted by the change. What are the boards thoughts.
This post was edited on 1/17/21 at 1:08 pm
3
Posted on 1/16/21 at 9:43 am to GAFF
My thoughts are: Joe Biden, like every president before him, makes grandiose promises to get elected that he has no intention of fulfilling. The democrats went from forgive all student loans, to forgive 50k, to forgive 10k, now we can’t even get a 2k check out of them.
This $15/hr minimum wage thing is unlikely to happen at the national level imo
This $15/hr minimum wage thing is unlikely to happen at the national level imo
Posted on 1/17/21 at 1:07 pm to GAFF
$15 min wage is the means to transfer wealth from the middle class to the upper class. All the mom and pops that won’t be able to stay open will lose their business to the corporations that are. Thus widening the gap between classes.
This post was edited on 1/17/21 at 2:53 pm
Posted on 1/22/21 at 8:01 am to GAFF
There was a debate on this topic on CNBC this morning. I saw it, but couldn’t listen. If anyone has a link, please share.
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