5 ms·
Sadly they never fixed the supporting issues, low wages, inability of affordable housing at pace to keep up with growth. It’s like they just thought giving an a
by theklr 3y ago
Sadly they never fixed the supporting issues, low wages, inability of affordable housing at pace to keep up with growth. It’s like they just thought giving an aspirin was going to cure the flu.
- thegrim33 3y agoThis is basically just a moving the goalposts argument. The public was told that the policies would fix/help/address the problem. The public was conned into throwing literally billions of dollars at these policies and programs. And then after the programs fail, you can't just say "well of course it failed, we didn't do X and Y". If that's the case, we should never have spent billions of dollars on programs and policies that we knew would fail without X and Y.
- UtopiaPunk 3y agoCities primarily need affordable and low income housing. If you're trying to deal with your demons sleeping under a bridge, you're going to get warped. The social safety nets in this country are so inadequate, so when people fall, they fall hard.
- jandrewrogers 3y agoHow do you define “low wages”? Current minimum wage in Seattle is $18.69/hr, which is higher than the median wage in several US States and almost all of Europe. Cost of living is high but not that much higher than the more expensive parts of Europe. There are legitimate causes for the blight in Seattle but lack of jobs and low wages aren’t one of them.
- xyzzyz 3y agoAmericans have no idea how high the cost of living is in Europe relative to wages. Median sale price in Seattle is $560/square foot, which is almost exactly $6000/square meter. With minimum wage at $18.69/hr, that's 320 hours of minimum wage work per square meter. For comparison, average price per square meter in Paris is over 10 000 EUR ($10 700), whereas the minimum wage is 11.50 EUR, giving you a ratio of 870 hours of min wage work per square meter, almost 3 times more expensive. When you compare them by median household income, Seattle is around $110k/year, which is $55/hour, giving 110 hours/square meter for median family. In Paris, for comparison, median household income is 44k EUR/year, which is 22 EUR/hour, resulting in 454 hours/square meter, which is 4 times more expensive than in Seattle for median family, even worse than for minimum wage. These were before-tax figures, and doing after tax makes the situation even more lopsided: US tax system is much more progressive than European, and so taxes for median and below are extremely low compared to Europe. At Seattle minimum wage, the effective tax rate is around 15%, whereas in France, at minimum wage you're still paying 25% in income tax. To top it off, in France, the VAT is 20%, compared to 10% in Seattle. You can do the same calculation for most of Europe, and you'll find the same: pretty much all large metros in Europe are almost universally less affordable than most expensive metros in US, including NYC and SF.
- enraged_camel 3y agoNot sure if Paris vs. Seattle is a good comparison. The former is the crown jewel of France and a historic world-class city. The latter is one of the smaller cities on America's West Coast and is fairly unremarkable. If anything, I'm stunned that the price for square foot in Paris is only 180% of that in Seattle.
- jandrewrogers 3y agoNot to take anything away from your post but Seattle has roughly half the GDP of Paris with less than a third of the population. The past is the past, if you wanted to place a bet on the future, I wouldn’t take Paris over Seattle. Seattle isn’t just tech, it is one of the major deepwater ports on the Pacific Rim and with a famously diversified industry. It is still on the upward part of its trajectory. Seattle is not a cosmopolitan global city, this is true, but Paris wishes it had Seattle’s economic dynamism by almost any measure. Like many European cities, its status is the accumulated capital of a prior era that is not being replenished at replacement rate. I have my qualms about Seattle but European cities are largely worse when looking forward.
- xyzzyz 3y ago> The former is the crown jewel of France and a historic world-class city. How is this relevant to my point, which is that in Paris (and most of major European metros), the prices-to-incomes ratio is much worse than in Seattle, and pretty much anywhere in US? In what way it is a crown jewel, if, by US standards, 3/4th of the population barely makes the ends meet?
- morsch 3y agoPrices per square meter: Marseille: 4300 EUR Birmingham: 3000 GBP Bremen: 3000 EUR Liege: 3000 EUR Antwerp: 2500 EUR València: 2200 EUR Poznan: 2000 EUR These are all major, but not the biggest, cities in their respective country. I'm not saying they are representative (for what, anyway). You'll find major cities that are much more expensive (eg Munich) or cheaper. As for income tax, at first glance, PWC disagrees: https://taxsummaries.pwc.com/france/individual/taxes-on-personal-income https://taxsummaries.pwc.com/france/individual/taxes-on-pers... https://taxsummaries.pwc.com/germany/individual/taxes-on-personal-income https://taxsummaries.pwc.com/germany/individual/taxes-on-per...
- darthrupert 3y agoPerhaps the high minimum wage is the reason people are on the streets instead of working in low-paying jobs.