Somebody explain how this can be true at the same time as it is true that a 2.7MM-grossing US McD’s paying an average $11/hr nets just $150k/yr.https://twitter.com/BernieSanders/status/1258841099407372289 …
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Rent is like 60% of crew wages in the McD’s breakdowns I’m seeing, so even if you ZEROED OUT rent you can’t make 2x average wages work.
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But what is it in Denmark? Rent is basically a function of physical businesses revenues and costs. It's not a fixed cost. Landlords will always adjust to whatever is just barely sustainable for the the marginal tenants.
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