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>Because you don't get to put the prices on it, its a market. Except I literally can dictate the price as I see fit. Currently my 400 is slightly below of othe

>Because you don't get to put the prices on it, its a market. Except I literally can dictate the price as I see fit. Currently my 400 is slightly below of others because I don't want to deal with getting new tenants every year. You are now assuming that other people wouldn't raise the rents for "free" money - which frankly is just naive on your part. Rest of your comment is just as nonsensical. There is no need to "model" anything. This is as simple as economics gets. People have more money to spend, so they are willing to pay more for the same stuff. My point with the moving is that people would not be doing it in general, which means they have to adapt to higher rent prices, which in turn means more money for landlords.

conanbatt 9y ago
> Except I literally can dictate the price as I see fit. Currently my 400 is slightly below of others because I don't want to deal with getting new tenants every year. You are now assuming that other people wouldn't raise the rents for "free" money - which frankly is just naive on your part. If you can set prices as you see fit, you don't need to wait for basic income to do anything, just raise your prices to the max today... > This is as simple as economics gets. But..it isnt. Inflation is a monetary phenomena, not a subsidy consequence: food stamps don't make food (significantly) more expensive, even though they increase food demand! There is no way to know how will people migrate in response to a basic income, but the economists I talked to would expect people to move out of cities: again, a basic income through taxation would literally lower income of cities and increase income in rural, so you would expect people to behave accordingly.