Living wages are inflation given life. You pay people more, and the rent immediately goes up. I've seen it happen.
It's good for people who keep their jobs, because they're earning that $15/hr or whatever. It's bad for people that get let go, which was the first thing my buddy who ran a restaurant did when the city passed a minimum wage. He ended up working more himself to cut down on payroll.
Living wages are inflation given life. You pay people more, and the rent immediately goes up. I've seen it happen.
It's good for people who keep their jobs, because they're earning that $15/hr or whatever. It's bad for people that get let go, which was the first thing my buddy who ran a restaurant did when the city passed a minimum wage. He ended up working more himself to cut down on payroll.