A millennial couple who make $250,000 say they can't find a home in their budget: 'We refuse to become house-poor' - eviltoast
  • Vinny_93@lemmy.world
    link
    fedilink
    arrow-up
    2
    arrow-down
    1
    ·
    3 months ago

    Is that not what I said? My point was that 50 years ago 75k was more than enough money to buy a house. Salaries have increased, but prices have increased much more because companies charge 150-200% for every unit of currency off labour put into goods and services. Increasing the minimum wage would only fortify this effect unless companies are held accountable for this.