3 ms·
I'm sure they would argue that the primary impact is higher prices (of housing especially), not higher salaries and tips. If you have a few new high income peop
by whycombinetor 1y ago
I'm sure they would argue that the primary impact is higher prices (of housing especially), not higher salaries and tips. If you have a few new high income people come into a neighborhood, that feels like some extra dollars coming into the neighborhood; but if a large enough portion starts to become high income transplants, suddenly the locale starts catering to high income as the median consumer target, and previously-middle income workers are now relatively low income.