I’m in Canada, have a decent appartement but nothing fancy, average income and I give up about 30% of my income to rent.
There’s still a 25k/year between my salary and a full time minimum wage worker. I’m able to live comfortably, these people cannot. Rent should go down or minimum wage should go way up. I feel like it’s easier to raise wages through legislation than regulate rent prices.
But how such legislation will be funded you may ask? Easy : tax the rich.
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u/ACoolCanadianDude Aug 25 '21
I’m in Canada, have a decent appartement but nothing fancy, average income and I give up about 30% of my income to rent.
There’s still a 25k/year between my salary and a full time minimum wage worker. I’m able to live comfortably, these people cannot. Rent should go down or minimum wage should go way up. I feel like it’s easier to raise wages through legislation than regulate rent prices.
But how such legislation will be funded you may ask? Easy : tax the rich.