I don’t know if tying it to something that’s inflated above core inflation is a good idea. I think the better approach is to reduce the cost of housing.
Under pressure from employers. If their labor costs are directly tied to the cost of housing there would be pressure to keep housing costs low. In turn still keeping wages livable
Oof. Rent is easily there in my city. And the minimum wage is… Umm… Not.
That’s why the 2 should be connected
I don’t know if tying it to something that’s inflated above core inflation is a good idea. I think the better approach is to reduce the cost of housing.
It should reduce that artificial inflation
I’m not sure how it would do that.
Under pressure from employers. If their labor costs are directly tied to the cost of housing there would be pressure to keep housing costs low. In turn still keeping wages livable