[iamstupidsimple]

Those businesses aren't sustainable then. A recent example given here was 24/7 gas station workers. The only reason they were working overnight was because wages have become cheap enough to capture the few overnight customers.

A higher wage means that the business is forced to have the employee on more productive work.

[HomeDeLaPot]

Do we really need higher wages, or do we need cheaper housing?

[BitAstronaut]

I wouldn't say those are mutually exclusive.

[PenguinCoder]

Both, certainly. One alone does not fix the other.