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New Jersey Real Estate Q&A Discussion Forum

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Michael Anderson
  • Lender
  • Toms River, NJ
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25
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Minimum wage hike and it’s effect on rents

Michael Anderson
  • Lender
  • Toms River, NJ
Posted Mar 13 2020, 09:21

Been thinking about this since Murphy signed the bill. My position is the minimum wage hike will mean nothing but stability and potential increases for rent rates for years to come. Particularly in C class neighborhoods in NJ.

Whats everyone else’s stance on this?

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