4 ms·
You could tie minimum wage to median home value. It'd push places out of business, lowering labor demand. Sort of an indirect way of making people leave the cit
by jfoutz 11y ago
You could tie minimum wage to median home value. It'd push places out of business, lowering labor demand. Sort of an indirect way of making people leave the city. And let those that can stay afford whatever ridiculous amount of money they have to pay for a 300sq ft studio.
- ThrustVectoring 11y agoThe goal isn't to push poor people out of the area and replace them with rich people. The goal is to price out landowners who fail to develop housing. To that end, it's probably better to somehow align the tax consequences with the people who can successfully NIMBY up development projects. That is, subsidizing living next to a high-density apartment complex, rather than subsidizing building a high-density apartment complex. Or in addition. Like, if building a tall apartment complex in the Mission meant that all the neighbors got $50/month in density subsidies, I'd imagine that a lot of opposition would dissolve.
- deleted 11y ago[deleted]