Los Angeles will raise its minimum wage incrementally to $15 an hour by 2020. But with an inadequate supply of new housing, will this new spending power simply enable landlords to charge more? Some economists say yes.
May 28, 2015 KPCC
That's how USA Today reporter John Bacon concluded his video on the Seattle City Council's historic vote to increase the city minimum wage to $15/hour in 3-7 years depending on the business. The outcome was never in doubt due to prior deliberations.
Jun 4, 2014 USA Today
The National Low Income Housing Coalition has recently released a map showing their state-by-state findings on housing affordability. And, in no state was a 40-hour work week at minimum wage enough to pay for a two-bedroom unit at Fair Market Rent.
Mar 20, 2012 The Washington Post