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by robertlagrant 928 days ago
> Wages are definitely up, but if you factor in all the price increases of rent and groceries, I don't see how anything is better for the poorest

Well yes - rent is driven up by more people being around, and groceries by wages and fuel going up. As for fast food jobs - if a fast food job can get you a place to live by yourself that's amazing, but surely that's going to be harder and harder to find as demand stays high and the number of 2-income families, who can just out-bid you easily, also is high.

1 comments

They've got more to worry from investors making all cash offers than 2-income families.
That's coming from demand being so high.