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by 6510
1755 days ago
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I had the fun idea to tie minimum wage to real estate in the area. Take the national average rent for an apartment for a family of x people. If the regional average rent is 10% lower the minimum wage can be 10% lowered as well. If the average rent is 100% higher the minimum wage can be cranked up by 100%. It would create problems for poor companies that will have to make room for more effective entrepreneurs. At the same time it would create new opportunities in areas normally not considered. |
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