Ah yes, the one place every single minimum wage employee lives! I forgot! That place! That exists in reality, where no other person lives, at all, and their landlord will certainly be the only think the have increased in that time, and definitely totally look at all their earnings before doing so, and thus it MUST be that minimum wage going up $5 will raise rent by $800/month!
Again, you’re not understanding because you choose to only look at two things as if there are no other influences which is just wrong. Could rent rise? Sure, it could for literally any fucking reason at all. Work from home affected rent in most places that support minimum wage workers more than anything since it allowed people who make more to move away from the city. Vice Versa Plenty of min wage workers will choose to not work two jobs just to survive if they don’t have to.
Look at everything in the region instead of just two pieces.
So… where do people working minimum wage live? Do they own their property?
If not, whoever they are paying will able to extract more money from them if they have more money to give. This isn’t even exclusive to rent.
It’s a very simple concept, and it’s sad this needs to be spelled out for you.
I genuinely believe you are twisting your brain in knots to find ways to agree with the crowd.
Ah yes, the one place every single minimum wage employee lives! I forgot! That place! That exists in reality, where no other person lives, at all, and their landlord will certainly be the only think the have increased in that time, and definitely totally look at all their earnings before doing so, and thus it MUST be that minimum wage going up $5 will raise rent by $800/month!
Lol, okay. You’re just making stuff up to argue against because you don’t have an actual rebuttal.
Goodbye. Keep thinking you’re right. At least you have the average person in this comment chain to agree with you, lol.
Again, you’re not understanding because you choose to only look at two things as if there are no other influences which is just wrong. Could rent rise? Sure, it could for literally any fucking reason at all. Work from home affected rent in most places that support minimum wage workers more than anything since it allowed people who make more to move away from the city. Vice Versa Plenty of min wage workers will choose to not work two jobs just to survive if they don’t have to.
Look at everything in the region instead of just two pieces.
Sorry man, I’m done trying to explain basic economics to people who can’t think for themselves.
You’re just going to do whatever the crowd is doing, even if they’re wrong. I don’t hold this above you.
Goodbye. Gonna block you now.
“Hey I undertsand BASIC economics and cannot understand ANYTHING ELSE. I MUST BE RIGHT.” Good talk. Have fun.