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$20 minimum wage for burger flippers???? We'll just lay people off........

#15

(03-27-2024, 05:53 AM)mikesez Wrote:
(03-27-2024, 12:06 AM)p_rushing Wrote: You missed the point. The money won't go to the landlords unless the government pays it directly. People who would get it generally don't make smart financial decisions. Now you add more money and whatever immediate dopamine high vice they enjoy will have more money.

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I didn't miss it. I'm saying it's wrong.  Conservatives are supposed to believe in free market economics but they rarely seem to actually understand it.
If there are vacant usable homes on the market, or rent control, tenants will be free to use their extra money how they see fit, perhaps gambling and drugs
If there are not vacant usable homes on the market, and no rent control, the moment the landlord hears the tenant has more money, the rent will go up by approximately that amount.
Landlords don't miss these kinds of opportunities.

That's not exactly how it works.  The landlord doesn't have to hear the tenant has more money.  He just has to know there is someone out there who will pay more for the space.  He finds that out by looking at the rent on other properties.
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Messages In This Thread
RE: $20 minimum wage for burger flippers???? We'll just lay people off........ - by The Real Marty - 03-27-2024, 07:10 AM
copycat - by copycat - 03-27-2024, 12:25 PM
RE: copycat - by WingerDinger - 03-27-2024, 12:31 PM
RE: copycat - by snarkyguy_he_him_his - 03-27-2024, 12:35 PM
RE: copycat - by WingerDinger - 03-27-2024, 12:37 PM
RE: copycat - by snarkyguy_he_him_his - 03-27-2024, 01:00 PM



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