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Just to play devil's advocate here, what if affordable housing diminished? Would the higher rent prices put pressure on employers to raise incomes and salaries?
by orky56 13y ago
Just to play devil's advocate here, what if affordable housing diminished? Would the higher rent prices put pressure on employers to raise incomes and salaries? It seems right now affordable housing is for employees who receive minimum wage. These employers are paying artificially low wages for the luxury of having their business in the Bay Area. If these employees had such a living wage, then they could find market rents that they could afford. They might have to commute longer than they currently do, but so do the infamous tech workers. More than enough of tech workers who are making 6 figures are commuting more than an hour. It might be in air-conditioned buses with wi-fi and door-to-door but once again this puts pressure on the transportation agencies to step up their games to support more travelers.