Wednesday, March 9, 2016

OCHN: Raising minimum wage enriches landlords in low-supply housing markets

Competition for limited housing stock will prompt low-income workers to allocate any pay raises to securing better housing, enriching landlords.

Advocates for raising the minimum wage have lofty aspiration. Many working-class Americans barely make ends meet earning minimum wage — and some...
Raising minimum wage enriches landlords in low-supply housing markets

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