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It’s not just California. It’s global.
True, but it’s also evidence that superficial fixes like higher minimum wage alone don’t eliminate the core problems of capitalism, they just mask them while those who are hoarding all the money and property continue to do so.
Then how are people doing it? I swear, I see houses go up for sale in my area (Central California) all the time, and they’re sold within weeks. The market is still crazy hot… and I live in a middle class area.