>Tying minimum wage to some function of house price and interest rates would be amazing. My point is that the effective minimum wage is already tied to housing

>Tying minimum wage to some function of house price and interest rates would be amazing. My point is that the effective minimum wage is already tied to housing prices and interest rates. Get rid of low income housing, some poor people will leave, demand for labor will cause incomes to rise. You're trying to solve the problem you created with low income housing by creating a new problem with hiking the minimum wage. The minimum wage demands that employers prejudice against the lowest skilled, lowest educated members of the work force by denying them the opportunity get training and experience by working. But that's okay, I'm sure next you'll tell me the solution to this new problem you created is to increase government spending on education and training for adults, and the cycle will continue.