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San Francisco’s mandated $15-an-hour law is exacerbating homelessness
- alexnewman 8y agoIs it evil that this is why I support these laws? Anyone who didn't see this coming is blind to basic economics.
- blacksqr 8y agoStated without evidence. San Francisco's homelessness problem long predates the current boom, and its causes go far beyond wage rates. Housing there is unaffordable even at the current minimum wage, so it's hard to see how the latest increase could have had a meaningful effect on homelessness levels.
- laveur 8y agoThis is precisely the problem. There is too many people, not enough housing, and the housing that is here is too expensive. And from what I've heard its also very hard to get the permits and approvals to build knew housing here. What they really need is to flood the market with housing to help drive costs down.
- doodliego 8y agoThe New Yorkers flooding into SF, like the author of this article, and driving up the cost of everything are a far more significant contributing factor to homelessness than the current minimum wage.