2 ms·
The biggest unmet need is housing, and in most areas that is definitely supply constrained. UBI will just go right into landlords pockets.
by ams6110 9y ago
The biggest unmet need is housing, and in most areas that is definitely supply constrained. UBI will just go right into landlords pockets.
- dragonwriter 9y ago> The biggest unmet need is housing, and in most areas that is definitely supply constrained. Outside of places like San Francisco (urban areas with strong political resistance to redevelopment and geography which limits nearby alternatives), that's a tolerable approximation of truth only over very short terms, as increases market clearing costs for housing spur investment and (re)development elsewhere.
- megaman22 9y agoThe biggest advantage I can see is that it would let people get out of such supply-constrained housing markets. If you're got a guaranteed $15-20k UBI, then why not bail on being in a super-expensive city? Go earn minimum wage as a lifty at a ski mountain out in Wyoming or Montana, where land is dirt cheap, or whatever else it is that would float your boat. The downside in most of these areas now is that the employment market sucks. Consequently, you already tend to see a lot of people on fixed incomes, like retirees, living there.