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Could you explain? I would assume that only a part of the increase in wages would go to rent. I live in Norway where the minimum salary is high. Rents are too b

Could you explain? I would assume that only a part of the increase in wages would go to rent. I live in Norway where the minimum salary is high. Rents are too but the average person has to spent less time working to pay for housing. Do you think the hours a person needs to work to pay for housing would stay the same if the wage increase?

pnutjam 5y ago
That's just another guy trying to sabotage the working class, ignore the FUD about rents.
- nights192 5y ago
  I don't believe that's a very good-faith interpretation; what makes you believe that, man?
  - pnutjam 5y ago
    Rents go up regardless of inflation. I've been renting for decades.
matsemann 5y ago
(just a nitpick, but we don't have a general minimum salary / minstelønn in Norway. Unions however, have managed to establish rules binding everyone in certain industries to some minimum)
- vidarh 5y ago
  To add to that: About half the Norwegian workforce is unionised (which is the lowest of the Nordic countries, but higher than all other non-Nordic countries in the OECD than Belgium), and something like 3/4 of all workers are covered by sectoral agreements (tariffavtaler), which is why there's not much demand for minimum wage laws.
ethanbond 5y ago
Roughly yes. How are we still working 40hrs/week just to put a roof over our head and feed our families when we are equipped with technologies that have exponentially increased the productive output of each individual? The answer is that land has gotten more expensive, so everything on it has gotten more expensive. The solution is not to avoid wage increases, as this “FUD” accusation assumes, but to raise wages and tax the daylights out of landowners (like myself) so society can recoup the benefits of its productivity!
- ahtihn 5y ago
  > How are we still working 40hrs/week just to put a roof over our head and feed our families Most tech workers earn far more than is necessary for just this. But we also want nice cars, nice vacations, going out to restaurants and buy nice toys. That's what keeps most of us working that much.
  - ethanbond 5y ago
    Yes the people in what’s likely the most lucrative industry in human history have it good. For now.

pnutjam 5y ago

That's just another guy trying to sabotage the working class, ignore the FUD about rents.

nights192 5y ago
I don't believe that's a very good-faith interpretation; what makes you believe that, man?
- pnutjam 5y ago
  Rents go up regardless of inflation. I've been renting for decades.

matsemann 5y ago

(just a nitpick, but we don't have a general minimum salary / minstelønn in Norway. Unions however, have managed to establish rules binding everyone in certain industries to some minimum)

vidarh 5y ago
To add to that: About half the Norwegian workforce is unionised (which is the lowest of the Nordic countries, but higher than all other non-Nordic countries in the OECD than Belgium), and something like 3/4 of all workers are covered by sectoral agreements (tariffavtaler), which is why there's not much demand for minimum wage laws.

ethanbond 5y ago

Roughly yes. How are we still working 40hrs/week just to put a roof over our head and feed our families when we are equipped with technologies that have exponentially increased the productive output of each individual? The answer is that land has gotten more expensive, so everything on it has gotten more expensive. The solution is not to avoid wage increases, as this “FUD” accusation assumes, but to raise wages and tax the daylights out of landowners (like myself) so society can recoup the benefits of its productivity!

ahtihn 5y ago
> How are we still working 40hrs/week just to put a roof over our head and feed our families Most tech workers earn far more than is necessary for just this. But we also want nice cars, nice vacations, going out to restaurants and buy nice toys. That's what keeps most of us working that much.
- ethanbond 5y ago
  Yes the people in what’s likely the most lucrative industry in human history have it good. For now.