It is possible that other solutions would work for solving the problems I outline. Taxing companies more could be a benefit, though taxing companies does lead to a drag on the economy. Also, companies can move overseas, but land cannot. Attaching minimum wage to some measure of inflation I don’t think would work, because landlords can eat the extra wages. I think rents are determined by what people can afford, AKA what landlords can get away with charging.
It is possible that other solutions would work for solving the problems I outline. Taxing companies more could be a benefit, though taxing companies does lead to a drag on the economy. Also, companies can move overseas, but land cannot. Attaching minimum wage to some measure of inflation I don’t think would work, because landlords can eat the extra wages. I think rents are determined by what people can afford, AKA what landlords can get away with charging.