We know by now that the economy doing well won’t translate into helping us. And any minor benefits we do see will then be hoovered up by landlords, businesses that gatekeep essential goods, and legally-required expenditures like insurance, before we even have any chance to decide for ourselves how to allocate it.
“Hey, SF raised minimum wages by 2.50? Great! That means I can bump the rent on my non rent-controlled properties by a couple hundred bucks next lease! Thanks, SF!”
We know by now that the economy doing well won’t translate into helping us. And any minor benefits we do see will then be hoovered up by landlords, businesses that gatekeep essential goods, and legally-required expenditures like insurance, before we even have any chance to decide for ourselves how to allocate it.
“Hey, SF raised minimum wages by 2.50? Great! That means I can bump the rent on my non rent-controlled properties by a couple hundred bucks next lease! Thanks, SF!”