I can understand (although I disagree with) the ideological arguments but in terms of the inflationary one, I disagree, because it seems pretty demonstrable the ground floor will be better able to compete with the higher floors.
What I struggle with are minimum wage jobs aren't supposed to be livable.
Who pulled this out of their ass? And why? Because high school kids worked at McDonalds.....in the 70s, AND today in Jax Beach??????
Pretty sure you can read some Steinbeck and read about adults doing a whole hell of a lot worse off. Someone should tell Tom Joad.
Imagine some noble in 1300s era Europe where like 95% of the people were serfs.