Landlords know they can squeeze another dollar out of you, so they do. Landlords shouldn’t be able to make a massive amount of profit, if they were forced to be non-profit then they’d probably not exist at all.
If the minimum wage in Texas does go up, who’s to say that the rent won’t go up even more? My claim was never that “rent only goes up if minimum wage goes up” but rather “if minimum wage goes up, rent goes up too.”
Like I said, feel free to move there then. Rent went up anyway so there’s no point keeping the wage low if it goes up anyway - might as well just raise wages.
That’s still not addressing the point of combating them from being able to raise the rent further. Why not address that issue first and then raise minimum wage after? That way the minimum wage will actually be a living wage. This problem arose from 50 years of shitty legislation and shitty people abusing the system. It requires a long term solution, simply chasing after short term gains isn’t good enough. What’ll happen a year after the minimum wage is increased? You think the leeches in the top .1% won’t try to find a way to suck every penny out of your bank account? You’re just transferring the money from the billionaire you work for to another billionaire instead.
Landlords know they can squeeze another dollar out of you, so they do. Landlords shouldn’t be able to make a massive amount of profit, if they were forced to be non-profit then they’d probably not exist at all.
If the minimum wage in Texas does go up, who’s to say that the rent won’t go up even more? My claim was never that “rent only goes up if minimum wage goes up” but rather “if minimum wage goes up, rent goes up too.”
Like I said, feel free to move there then. Rent went up anyway so there’s no point keeping the wage low if it goes up anyway - might as well just raise wages.
That’s still not addressing the point of combating them from being able to raise the rent further. Why not address that issue first and then raise minimum wage after? That way the minimum wage will actually be a living wage. This problem arose from 50 years of shitty legislation and shitty people abusing the system. It requires a long term solution, simply chasing after short term gains isn’t good enough. What’ll happen a year after the minimum wage is increased? You think the leeches in the top .1% won’t try to find a way to suck every penny out of your bank account? You’re just transferring the money from the billionaire you work for to another billionaire instead.