Two Google searches you should do.
Minimum wage workers can't afford rent anywhere in America | CNN Business Housing has become so expensive in the United States that the typical minimum wage worker cannot afford rent, according to a new report. CNN | ANNA BAHNEY Two Google searches you should do. The lowest paying jobs, than the average wage for each of those jobs. Only someone just entering the work force with no education and no experience will make minimum wage. Increasing the minimum wage would sky rocket inflation. I wonder how companies would compete is there was no required minimum wage? The requirements for rent that is article bases it “report” on has two bedrooms and it can’t cost them more than 30% of their salary. What does the renter spend the additional 70% on? Lastly what happens during inflation? New Home construction stops, people stop buying and selling houses and people start renting. The demand for cheap rental property lowers the supply and boom rent increases. California is a great exa...