5 ms·

UBI would lead to dramatic inflation in rents in desirable areas. There is only a finite amount of premium real estate. UBI would just jack up rents by the amo

UBI would lead to dramatic inflation in rents in desirable areas. There is only a finite amount of premium real estate. UBI would just jack up rents by the amount of payment in San Jose or Boulder because the people that want to live there mostly have jobs so their extra UBI would just go to making their commute better. UBI might help people move from West Virginia to Indianapolis but it won't help people in Bakersfield move to San Jose.

kart23 6y ago
Taxes would take away the UBI for people that can afford desirable areas. Rents probably wouldn't go up in the manner you describe.
- wernercd 6y ago
  > probably Government funded things go up in price. Prime example: eductation and child care. Government funded problems that lead to government funded solutions.
  - username90 6y ago
    The point of UBI is that it isn't government funding, the government have no control how it is spent, people get to decide themselves how to spend it. People wont choose to spend it all on housing just like they currently don't choose to spend all of their disposable income on housing.
    - wernercd 6y ago
      isn't government funding? it's literally redistrubtion of wealth by the government. I never said they had control of what's spent... just that government help leads to higher prices. And it's easily provable that where government puts money, prices go up. Supply and demand - more money available? prices go up.
    - ctdonath 6y ago
      UBI is literally government funding. The point of it is to provide all with means to buy staple goods/services, and as with all government funded goods/services the price will go up.
  - blackbrokkoli 6y ago
    Yeah, if you do it uncontrolled and with the prime motivation of a few people getting rich in the process. My university in Europe literally costs me a hundred bucks a year, and child care is a similar story (although my country has some problems with providing enough capacity).
    - wernercd 6y ago
      and you also pay a MASSIVE amount more in taxes and your education is more controlled with shortfalls and limitations. https://www.heritage.org/education/commentary/free-college-would-be-disaster-just-ask-europe https://www.heritage.org/education/commentary/free-college-w... https://www.aei.org/articles/what-european-countries-sacrifice-for-free-college/ https://www.aei.org/articles/what-european-countries-sacrifi... "capacity" amazing how forced markets can't create capacity? its also why healthcare is rationed in places like Europe and Canada. Free? Sure if you don't mind waiting months or years...
      - kalleboo 6y ago
        Man, your conservative think tank articles aren't even consistent - the first one decries the increase in cost caused by free education in the UK, the second one celebrates the "increased funding" caused by the end of free education in the UK. The first link is really egregious in that it just cites a bunch of non-sequitur cherry-picked facts and doesn't even compare outcomes, or even anything with the US. The second link tries harder, but it's still obvious that it came to a conclusion and tried to find ways to explain that conclusion, instead of showing the curiosity to find which system is actually better. There are way more variables in a school system than "degree attainment" and "money spent". E.g. European schools generally don't spend any money on sports stadiums etc - is that extra funding in the US actually creating any useful results? Many European school systems also have more focus on getting people prepared for work straight out of High School with trade and other focused programs directly in high school, does that lead to fewer cases of "I dunno I just needed a degree to pass HR checks so I got something random" and actually better job outcomes? Who knows, maybe not, would love to see a proper treatment.
rayhendricks 6y ago
There is only a near-infinite amount housing in the desirable west coast cities that could be built. Make enough high rise towers like Chicago or NY and the price will go down. But people’s (voters) tax sheltered investments (homes) would also go down in value.

kart23 6y ago

Taxes would take away the UBI for people that can afford desirable areas. Rents probably wouldn't go up in the manner you describe.

wernercd 6y ago
> probably Government funded things go up in price. Prime example: eductation and child care. Government funded problems that lead to government funded solutions.
- username90 6y ago
  The point of UBI is that it isn't government funding, the government have no control how it is spent, people get to decide themselves how to spend it. People wont choose to spend it all on housing just like they currently don't choose to spend all of their disposable income on housing.
  - wernercd 6y ago
    isn't government funding? it's literally redistrubtion of wealth by the government. I never said they had control of what's spent... just that government help leads to higher prices. And it's easily provable that where government puts money, prices go up. Supply and demand - more money available? prices go up.
  - ctdonath 6y ago
    UBI is literally government funding. The point of it is to provide all with means to buy staple goods/services, and as with all government funded goods/services the price will go up.
- blackbrokkoli 6y ago
  Yeah, if you do it uncontrolled and with the prime motivation of a few people getting rich in the process. My university in Europe literally costs me a hundred bucks a year, and child care is a similar story (although my country has some problems with providing enough capacity).
  - wernercd 6y ago
    and you also pay a MASSIVE amount more in taxes and your education is more controlled with shortfalls and limitations. https://www.heritage.org/education/commentary/free-college-would-be-disaster-just-ask-europe https://www.heritage.org/education/commentary/free-college-w... https://www.aei.org/articles/what-european-countries-sacrifice-for-free-college/ https://www.aei.org/articles/what-european-countries-sacrifi... "capacity" amazing how forced markets can't create capacity? its also why healthcare is rationed in places like Europe and Canada. Free? Sure if you don't mind waiting months or years...
    - kalleboo 6y ago
      Man, your conservative think tank articles aren't even consistent - the first one decries the increase in cost caused by free education in the UK, the second one celebrates the "increased funding" caused by the end of free education in the UK. The first link is really egregious in that it just cites a bunch of non-sequitur cherry-picked facts and doesn't even compare outcomes, or even anything with the US. The second link tries harder, but it's still obvious that it came to a conclusion and tried to find ways to explain that conclusion, instead of showing the curiosity to find which system is actually better. There are way more variables in a school system than "degree attainment" and "money spent". E.g. European schools generally don't spend any money on sports stadiums etc - is that extra funding in the US actually creating any useful results? Many European school systems also have more focus on getting people prepared for work straight out of High School with trade and other focused programs directly in high school, does that lead to fewer cases of "I dunno I just needed a degree to pass HR checks so I got something random" and actually better job outcomes? Who knows, maybe not, would love to see a proper treatment.

rayhendricks 6y ago

There is only a near-infinite amount housing in the desirable west coast cities that could be built. Make enough high rise towers like Chicago or NY and the price will go down. But people’s (voters) tax sheltered investments (homes) would also go down in value.