I mean, I'm a Housing Theory of Everything guy, so, yea, the high minimum wage here is just part of the over all inflation spiral that is being fueled by the fact that there isn't enough housing for the people who want to live here, in places people want to live. It makes sense that we'd end up with more employees making these higher wages, because it's an inflationary spiral, not a supply-demand issue.
It's just the effects of everyone here trying to address this inflation for folks at the lower end of the earning spectrum, but without actually addressing the underlying issue (god forbid we allow multifamily housing next to major transit corridors), which is obviously the massive inflation in housing costs caused by the massive, near-statewide shortage.
It's just the effects of everyone here trying to address this inflation for folks at the lower end of the earning spectrum, but without actually addressing the underlying issue (god forbid we allow multifamily housing next to major transit corridors), which is obviously the massive inflation in housing costs caused by the massive, near-statewide shortage.