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A landlord may try to increase rent knowing that the tenants now have a basic income, however that creates an opportunity for someone else to provide housing at
by jordanthoms 11y ago
A landlord may try to increase rent knowing that the tenants now have a basic income, however that creates an opportunity for someone else to provide housing at a cheaper price - it's no different from any other market, as long as you don't have massive supply-side restrictions like in some major cities.
- dredmorbius 11y agoHousing has significant switching costs. It's not as if you can simply switch to buying a different brand of bread. You've got to search for an alternate location, consider schools, work, commutes. Neighbors. Etc. I can see major arguments for managing rent as a social function. Though that depends heavily on supply and demand factors as well.