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This article isn't talking about the market for college students. It's talking about what would be an "average" person almost anywhere other than SF. Living w
by oddity 8y ago
This article isn't talking about the market for college students. It's talking about what would be an "average" person almost anywhere other than SF.
Living wages aren't being paid because the cost of living has risen to the point where the wage once paid is no longer livable. This means that restaurants must either increase prices or cut employees, which when taken in aggregate further increases the cost of living and lowers the average income.
Yes, "restaurants" as a category survive, but the low end gets devastated. Many of these may have been around for a long time and some of them may have been a major part of the local community or have been local favorites.
If you don't have a problem with that, then that's fine, but hopefully you understand why others might.