[jimmaswell]

Only <4% of people make the federal minimum wage. Couldn't find stats on state minimum wage earners but it's still probably not so much that rent would be hugely impacted.

Not to mention, rent control is a good idea in addition, or finding ways to make homeownership more in-reach for more people.

[Consultant32452]

Rent wasn't intended to mean literally just rent. You'd need price controls on everything, which is historically a terrible idea.