2 ms·
Not necessarily. It is true that more money in the hands of tenants means landlords will try to increase rent as much as possible. But the introduction of any s
by Firadeoclus 8y ago
Not necessarily. It is true that more money in the hands of tenants means landlords will try to increase rent as much as possible. But the introduction of any significant basic income would have wide-ranging knock-on effects, changing the price of pretty much everything. It would increase the influx of money to deprived areas, and at the same time make people a little less dependent on moving to where the good jobs are.
The result could be that today's high demand areas see less demand, with rents actually going down. Or it could be quite different. What I'm sure of, however, is that any simple model fails to capture the changes.