Does Minimum Wage Increase Help Or Hurt The Appraisal Business?

[Peter LeQuire]

Over some 20+ years of operating as a Sub-S corp, my expenses were 60% or 65% of fee income. Puts me in the mind of a man who, having been tarred and feathered, while being ridden out of town on a rail opined, "If it weren't for the honor of the thing, I'd rather have walked." Me and Bobby McGhee.

 

[Mr Rex]

Must we fall back on the mental crutch of the political party which we align ourselves with? That makes me hesitate to respond to the below, but I'm doing it anyways


.

Yes blame me for interjecting political parties into the conversation.

[QUOTE="

Here it is, RW pundit exhortations of fear, that a min wage rise means an upheaval resulting in...drum roll..Socialism! Venezuela ! Pro ball players will earn the same as teachers!

The USA has had min wage increases historically for decades with none of the above fear mongering came true. The fear mongering is RW paid think tank influence $ at work,[/QUOTE]

 

[Terrel L. Shields]

Except for AF member appraisers....

Well, I do post a fee of $80/hr... but will not turn down $50/hr.

 

[DTB]

Would average Americans like to make $40/hour?

I believe they would....

It doesn't matter what one would LIKE. It's totally irrelevant.

 

[Terrel L. Shields]

Over some 20+ years of operating as a Sub-S corp, my expenses were 60% or 65% of fee income.

Same ratio here. And when in the oil biz, that was just about the same.

 

[Gobears81]

Yes blame me for interjecting political parties into the conversation.

[QUOTE="

Here it is, RW pundit exhortations of fear, that a min wage rise means an upheaval resulting in...drum roll..Socialism! Venezuela ! Pro ball players will earn the same as teachers!

The USA has had min wage increases historically for decades with none of the above fear mongering came true. The fear mongering is RW paid think tank influence $ at work,[/QUOTE]

Lol, you're right. I retract that statement

 

[J Grant]

It was a meant to be sarcastic response to the predictable exhortations/ labels ......

As one can see from my avatar, I have a kitty assistant who performs keyboard entry for a min wage of one ounce of kibble per hour.

Last night he organized with other the socialistic kitties on our street for a feline wage increase of two ounces of kibbles an hour.. Are you kidding me? What entitles them to that? Next we will be like Venezuela so I told him YOU ARE FIRED! At which point he ran across the street to catch mice for my neighbor for a bowl of milk a day.

 

[Mr Rex]

Moan back!

 

[J Grant]

Moan back!

I'm just a liberal socialist snowflake who does not understand the world is unfair and who wants a guaranteed income for doing nothing ...omg I can hardly stand myself I am such an annoying twit ! (how's that?)

 

[Mr Rex]

You are a representative of your snowflake constituency. Are you ashamed of that or proud? Are you ashamed that you have achieved above the expectations of your "deserved level" and how do you make reparations? Why didn't you just sit back and wait on success to come to you? What are you. some sort of capitalist pig?