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Yes. That was the point in my little dark fantasy. UBI would increase the current price of rents, which is why government had to build new cities that were 100%
by nextlevelwizard 6y ago
Yes. That was the point in my little dark fantasy. UBI would increase the current price of rents, which is why government had to build new cities that were 100% subsidized by then (in from of UBI) since just UBI was not enough to pay rent anywhere anymore. i.e. if as a hypothetical landlord I know for a fact that you get $XXX/mo from government "for free" then why wouldn't I ask $XXX/mo in rent?
- undersuit 6y agoI don't know UBI would increase the price of rents, we have more housing than demand. I don't know why the government would have to build new cities nor why they would have to be financed by UBI. I was just pointing out that if they did it would reasonably decrease the price of housing.