3 ms·
Prices will go up! So you are right! The immediate effect would definitely be inflationary. Underneath that, though, UBI would be a slight equalizing force on a
by clhodapp 9y ago
Prices will go up! So you are right! The immediate effect would definitely be inflationary. Underneath that, though, UBI would be a slight equalizing force on actual purchasing power. Therefore, I guess even in that inflated economy, there would be a bit more demand for apartments. Longer-term, this would mean that more would be built, I'd think.
I suspect that UBI is a very good idea, but also that its fans tend to ignore the second order effects and its critics tend to ignore its third-order effects, which are where I think the real benefits are.
- nebabyte 9y agoThere'd also be a lot more demand for minimal apartments/housing in which you can live in while you save... which, no joke, is exactly the kind of thing I'm looking for at the moment, without much success. ._.