Santa Fe tackles rental rates with first-in-U.S. minimum wage approach
PositiveU.S News
- Santa Fe, known as 'The City Different,' is implementing a unique approach to tackle rising rental rates by introducing a minimum wage strategy, aiming to prevent cultural erosion as residents face housing affordability challenges.
- This initiative is significant as it represents a pioneering effort in the U.S. to address housing issues through wage policy, potentially setting a precedent for other cities grappling with similar challenges and striving to maintain their cultural identity.
— via World Pulse Now AI Editorial System