As someone who is currently living in a 2 bedroom apartment and has seen the price change through out the years, I think I am in touch with what it costs.
It ain’t the “market” that sets prices, it’s the owners. The owners set prices to fill up the apartments, sure, but they would rather it sit empty then rent it out to someone that would cost more money to evict and repair then they would pay in rent.
The cost of a 2 bedroom apartment always costs what someone working for minimum wage makes plus $100. Why? Because landlords don’t want people making minimum wage living at their apartments - never mind the (perceived)increased maintenance and crime - people working minimum wage are people that don’t have income security and more likely to miss payments or need to be evicted.
If you raise minimum wage, the price of rent just goes up. Now that isn’t a argument against raising it more that an argument against renting and an argument for housing reform, but that is a whole different post.
New office buildings will be like new malls or new nuclear power plants. No one will want to build them, since businesses know WFH is cheaper. Just right now, they have a lease and they have to keep up the act but as soon as they can, they will cash out. After a generation, population growth will be enough to get the reduced office use back up to full, and then the people of this generation will swoop in with a office downsizing buzzword trend that will make “de-office-ing” the rad new thing once the leases terms are up and the company stands to SAVE money.
I would propose a $1.50 decrease in the minimum wage IF it was coupled with a pay for commute law. I would go down by $3 an hour if it also had a half pay for “on call” hours amendment.
Surprised to see no one making the default joke about how “half of their staff is still 3 inches.” Guess people here actually care about the method that the people were laid off.
Well, there was a war involved with that as well, but I would argue that the New Deal was a compromise moderate position to the alternative of complete communist revolt, which was starting to sweep the globe at the time.
The left people want won’t win the presidency until they at least win a governorship or a senate seat. The last time we had a radical departure from those that came before them in the white house (politically speaking, not skin color) we had a 4 year long Civil War backlash.
Shucks, I thought he would out live Henry Kissinger. Still, quite a long time in hospice. Enough time to see a corrupt president get charged, even if it wasn’t the one that he followed. (Well, followed after his VP pardoned him and took over for a bit.)
The 69 hours a week bill got defeated. Apparently someone suggested 69 as a way of getting more babies, and the PM was like “hours of work a week? Deal!”
Then there is me, a professor, who works every day because students do homework on weekends and need help. I figure instead of a 4x10, I am doing a 7x5.