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I can't say I know most countries real estate bubbles but I've lived in 3 and none had the exact same problem. I see a relation to how prices might behave as n
by cfontes 11y ago
I can't say I know most countries real estate bubbles but I've lived in 3 and none had the exact same problem.
I see a relation to how prices might behave as now the economy is flooded with free money while most people are still working and generating their own income.
And I don't agree that we have the biggest "guaranteed income" ours is a very badly designed system (aimed at buying the poorest votes and deeply exploited) based on bad assumptions on the population and how to distribute wealth, that is why so much money is stolen from it.
Without health and education investment, it's a short sighted project instead of a long run one which would aim to take those people out of misery.
BI is for countries that have solved at least the basic educational and infrastructural problems otherwise it's just a waste of man power to build those.