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Scott--First, it's not costs, it's 5% of revenue that Rex mentioned--raise prices by 5%! Second, he said the increase in min wage was going to cost his business $150,000. I do not know how he arrived at that number but since he appears to be the most successful restaurant operator in town, I would have to guess that he understands the effects, no? Third, it appears you are limiting the min wage effect to servers. Is there no 'knock-on' effect with other costs, employees, etc.? I am not sure what his total revenue is, and I do not buy into the inelasticiy of demand argument that seems to be the basis for your conclusion. And so that ends my POV and with that I wish you a very happy new year! Cheers and regards.
Scott--I would hesitate to challenge Rex on his math. It's his business. I would hazard a guess that he is averaging the estimated $150,000 increase over his total restaurant revenues, not the calculation you performed. Do you know the total restaurant rev's?
Scott--Thanks, but I was attempting to make two different points--first, the 35000 is what is commonly known in business as a WAG (there's another term, too, that is even less polite) unless we are told how the 35000 was determined. Second, and this is so much the problem with every community conversation we have--presenting solutions looking for problems! This is an example of trickle down--see how they do it and DC and let's try to do it here!
The community would be extremely helped if instead of quoting :"Housing Steering Committee chairman Dan Pirrallo told an audience of about 60 people that the county's population is projected to grow from about 23,000 to 35,000 by 2030.", the article had told us something like--in 2010 the county population was 23,000 and if the historic growth rate from 20xx to 20yy is used and extrapolated to 2030 the RC population will be 35,000! And, that historic growth rate was made up of x retirees, y location neutrals, z local job fillers, etc, etc, etc.all net numbers. Mr. Pirrallo should have had that information, and if he didn't, the community would be helped knowing that. Then, maybe, we could be on our way to understanding exactly the issues, rather than be presented with a solution! It seems there is a permanent behavior here to begin discussing solutions without bothering to figure out what the underlying issues are. Does anyone else wonder why that might be?
Many thanks Jim for that precis. My own impression vis a vis the affordable housing programs in other communities--and as I said very much anecdotal and certainly could be selective--is that many more than 1200 folks commute from Glenwood, Carbondale and other points into Aspen, daily. I have had sufficient conversations over the last dozen or so years to believe that fairly large numbers commute from Minturn, Leadville, Silverthorne, Gypsum, Avon, etc daily to Vail. Have I quantified the totals, no. That is why I made the suggestion. Facts would help put SS's situation in perspective. Again thanks. Good to hear from you.
Personally so called affordable housing is a unicorn search, I believe. However, why don't the folks who believe we can provide affordable housing within city limits at a cost that taxpayers will bear, start by showing us where the folks who work in Vail live? What percentages come regularly from Eagle, Gypsum, Avon, Edwards, Minturn, Leadville, Dillon, Silverthorne? And what do they do and how much do they earn? Ditto for the folks who work in Aspen. Ditto for the folks who work in Park City and Deer Valley. My own, admittedly highly anecdotal and perhaps biased bit of information tells me that even well-paid folks working in those ski communities travel considerable distances and spend significant time doing so, to go between home and work.
I have been wondering for some time, do you prefer Brian Sanma or Pan Kotowski ;) ????
It appears, Scott, that your definition (implicit) differs from Kevin's group? Before going much further it would be very helpful to have agreement on the problem being solved before jumping to solution options! Please take a crack at stating how you see the problem (pretty much implied in your offered obvious solution) for us and Kevin's consideration! Thanks.
A quick read of Kevin and Frank's comments makes it very clear that there is no definition of the problem, nor is there a plan to develop such a definition. My very strong suggestion, per Kevin's request, is to change that schedule he provided, and spend the time now to arrive at a succinct problem definition to be shared with the community in the next month. Then, we will be able to better understand the pros and cons of each option! Good Luck and thank you for your efforts.
Last login: Friday, December 30, 2016
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