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I'd suggest that a solution to the demand problem is basic income. Let those who can and want to move out to the sticks and live on UBI. There are a nearly unli
by telchar 8y ago
I'd suggest that a solution to the demand problem is basic income. Let those who can and want to move out to the sticks and live on UBI. There are a nearly unlimited number of places with low cost of living and ample or potentially ample housing. Why does everyone want to move to SF and NY? It's not the poop on the sidewalk, it's mostly the jobs. Fewer people having to move to big cities for work (especially those who prefer the country) means less housing pressure.
I think UBI would significantly help relieve housing pressure in large metro areas and perhaps help revitalize some currently-dying small towns and rural areas, which after all will need more services with increased population.
- linkregister 8y agoYou vastly underestimate most people's desire to stay in the same place. Most Americans don't relocate after they have children. Imagine yourself being retired, and learning that you have to move away from your friends and family due to a change in market conditions. Even places that are economically barren see people just go onto Social Security disability (perhaps a form of UBI) instead of moving to regions with jobs.
- telchar 8y agoThere are plenty of people who move to large cities for better jobs, these people could just remain in the town they already live in instead. The problem you point out then becomes a benefit. There are also people who move when they retire, or when they have kids. This could facilitate that happening earlier which would also reduce the pressure on housing in cities.