memestoanend@lemmy.world to Political Memes@lemmy.world · 2 年前bOth sIDeS aRe ThE SaME!!1!lemmy.worldimagemessage-square274fedilinkarrow-up11.24Karrow-down185
arrow-up11.15Karrow-down1imagebOth sIDeS aRe ThE SaME!!1!lemmy.worldmemestoanend@lemmy.world to Political Memes@lemmy.world · 2 年前message-square274fedilink
minus-squareHangnMoss@infosec.publinkfedilinkarrow-up1·2 年前This is the correct answer. If minimum wages go up, the price of everything you buy with those wages increases as well, including housing. There’s artificial scarcity in housing right now because of investment firms and property management firms.
minus-squareAlien Nathan Edward@lemm.eelinkfedilinkEnglisharrow-up1·2 年前wages drive inflation but it’s not 1:1 and it does tend to benefit low earners.
This is the correct answer. If minimum wages go up, the price of everything you buy with those wages increases as well, including housing. There’s artificial scarcity in housing right now because of investment firms and property management firms.
wages drive inflation but it’s not 1:1 and it does tend to benefit low earners.