Buddy just can't connect the dots that minimum wage doesn't cover housing anymore, that he's been holding it down for years, that he weakened rent control that kept low income people housed, and that he's been letting his buddies build just detached houses and luxury condos.
It's just so dumb, and even dumber considering that he literally has the magic wand and to drastically improve things. Just a significant enough hike of the minimum wage would automatically put a damper on more people ending up on the street, overnight.