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Its going to eventually impact the rich severely. Once no working person can afford to live in California at all they will have no 911 services, no doctors or h

Its going to eventually impact the rich severely. Once no working person can afford to live in California at all they will have no 911 services, no doctors or hospitals, not even any trash pickup services because even if these are privatized they will never find employees because a salary is not enough to live here. When a rich person falls and gets a compound fracture they will have to do their best to fix it with duct tape because in another 5-10 years at this rate if you make less than 1 million a year in income you won't be able to reside in this state.

adjkant 8y ago
Can we stop with the hyperbole? Even at current rates with a bit of rise, the lowest livable salary is doubtful to go over 100K - heck I can budget right now to live in California (with no savings) at 50K. The rich aren't that dumb. The most important things (like medical, fire, etc) will rise accordingly with demand. Restaurants may shift more towards the high end, but that will mean matching tips (for the few that can get a job there). I dislike the unregulated free market a good deal but even I can admit it will adjust before any critical situation affects the rich. Again, those most affected by these dynamics the most will be at the bottom of the pecking order. Should we fix this? Of course. Are we all on the verge of not being able to live in California? No way.