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this is the perspective of someone who lives in a housing market in dire shortage. basic income might enable people, for the first time, to try living outside t
by lg 9y ago
this is the perspective of someone who lives in a housing market in dire shortage. basic income might enable people, for the first time, to try living outside these places, where they are tied to their current job. in the rest of america, there is competition between landlords to attract tenants.
- phkahler 9y agoI know someone who live in subsidized housing. I understand this is not a common situation so it's not representative of a lot. Her rent is literally defined as a percentage of her income. She doesn't work, so income is in part child support payments and who knows what else. I believe the percentage is over 30, so if you handed her UBI over $300 would go straight to her rent. Prices are like that - hand people (actually loan them beyond their means) money to go to college and tuition skyrockets. Give them heath insurance and those costs go up. Hand them a blank check every month and it will most likely all go to some form of inflation.
- ensignavenger 9y agoThe law that enacts basic income could easily exclude BI from the calculation of income for rent subsidies. Or it could change the formula for those subsidies, maybe by capping the rent (if it isn't already).