4 ms·
> if UBI is X/month, then monthly rent for anything will grow to at least X/month because why wouldn't it? Because there's plenty of real estate offered cheap
by thriftwy 9y ago
> if UBI is X/month, then monthly rent for anything will grow to at least X/month because why wouldn't it?
Because there's plenty of real estate offered cheap once you don't have to hang out near a big economic center?
Real estate is commodity in many places, why won't it be? People will just move there.
- gambiting 9y agoIf that was true, we wouldn't have poor jobless people living in the city centres - why be poor and jobless in a city centre, if if you can be jobless and slightly less poor outside of the city, surely there is no functional difference? But humans are not automatons, they don't follow perfect logic.
- thriftwy 9y agoWell, on UBI, stupid people may end up propping rents in expensive locations. Less stupid people would move to a location where UBI will allow comfortable living for them. People may end up not so stupid. Imagine you live in SF, you've got $500 UBI while your rent grew $300. This leaves you with extra $200 of leg room, yay for UBI!
- oneweekwonder 9y ago> why be poor and jobless in a city centre Condensed space with a lot of working class people... Best place to beg.
- aianus 9y agoBecause subsidized housing is located in, and funded by, the city (at least where I live). There is no option to move somewhere cheaper and keep the subsidies.
- thriftwy 9y agoI'm not sure that is the case in Germany.
- rjsw 9y agoWe often require jobless people to be able to prove that they are looking for work, harder to do this if they are living somewhere cheap but far away from potential employers. For me, UBI would need to have an expectation that people may have to move around a bit as it is introduced, they would have a choice on where to go though.