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California set to hike wages for fast-food workers to industry-leading $20 per hour
(www.cbsnews.com)
this post was submitted on 30 Mar 2024
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$20 is not even a living wage for a family. And in California, that's basically still a starvation wage. Better than nothing I guess. There should be a law along with this wage increase that prohibits these fuckers from ~~rasing~~ raising their food prices.
Most of the high cost of living in California is due to very high housing prices. It's not food.
https://www.salary.com/tools/cost-of-living-calculator/los-angeles-ca-expense-details
Energy is also high, but one -- hopefully -- isn't spending as much on energy as housing.
If one wants to reduce the cost of living in California, what one wants to do is reduce barriers to building more housing.
https://en.wikipedia.org/wiki/YIMBY_movement
Things have been slowly moving on this front.
In general, there is stronger local opposition to new housing construction locally than at a high level. Like, people are okay with housing in abstract, but don't want riff-raff moving into the neighborhood, or don't want the nice field near them to be built on or don't want higher-density housing to keep their view of the sky as broad as possible or whatever. So California's had legislative work recently at the state level in disallowing localities from blocking new housing construction. Hopefully, it'll get the rate of construction moving.
Not just reduce the barrier but also stop these companies form buying up all the houses. If someone can dictate how much rent we pay then the problem will never truly be solved. These companies can afford to just sit on an empty property while it just gains value over time, they don't have an incentive to reduce prices to get people in. The incentives should be punishments not gains for these companies. It's the only real way to fix stuff.