3 ms·
"Will landlords increase rent" is a real economics problem. Maybe UBI is financed through massive deficit spending, leading to inflation, and rents increase.
by millstone 6y ago
"Will landlords increase rent" is a real economics problem.
Maybe UBI is financed through massive deficit spending, leading to inflation, and rents increase.
Maybe UBI is financed through broad-based tax increases that offset the increased income, leading to nothing in particular.
Maybe UBI is financed through increased taxes on rich hedge fund managers, who all quit their high-paying finance jobs to pursue their low-paying art passions, and rents decrease.
Any of these are plausible. UBI is a political topic, and how it is financed is crucial to understanding its impact.