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so by that logic, if we took money away from people the rent would go down? The answer is yes, it probably would, but not enough to negate the effect of the we
by Passthepeas 6y ago
so by that logic, if we took money away from people the rent would go down? The answer is yes, it probably would, but not enough to negate the effect of the wealth change. With a UBI of $1,000 I would expect rent might go up in some areas by maybe up to a few hundred but this idea that rent would somehow skyrocket to the point that it would nullify any benefit seems a ridiculous assertion to me.
- robotresearcher 6y agoWhat forces would stop landlords capturing a large part of this money?
- ethanbond 6y agoNothing. Landlords regularly capture upside from social, economic, or technological improvements. Cue conversation on the actual remedy to rampant wealth inequality, https://en.wikipedia.org/wiki/Georgism https://en.wikipedia.org/wiki/Georgism