One solution to this is to just raise the minimum wage, although there's only so much that can be done in that realm.
Raising the minimum wage won't help much at all on this front and may actually make it worse through increasing demand.
Yea then technically you have to further increase the supply to create a situation with low producer surplus. But the deal is not having a higher minimum wage will probably be worse since you won't have disposable income. You may massively increase supply & prices may come down a bit but it still wouldn't probably be anywhere within your income range to get a home.
I think there is only so much you can do to decrease the prices, there is a ceiling beyond which you have to go towards taxpayer funded subsidy. It is always better to have a higher wage which is going to help.
The Dems in WA is full of New Democrats with Conservative Republicans (Look at the Caucus Representations through the years). I am certainly not saying the Sawant is the perfect politician but sometimes you need a disruptor & an abashed progressive activist when your politicians tend to lose touch with the progressive base. It is certainly not ideal if half of the elected members is Sawant like, but she genuinely believes in her cause & there should ideally be people like her involved in the democratic process.
