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> For example, what would be stopping land lords from hiking rent prices? Exactly the same things that are stopping/not stopping them now? UBI won't magically
by usrusr 5y ago
> For example, what would be stopping land lords from hiking rent prices?
Exactly the same things that are stopping/not stopping them now?
UBI won't magically make everybody non-poor, no matter how you tweak the numbers. But it creates a gentle slope where everything means-tested creates harsh cut-offs full of bad incentives. It prevents many things (even if not all things) that make up the trap-like nature of poverty.
- ivanche 5y agoWhat is stopping them now exactly? If they know that your family all of a sudden had, for example, $500 more per month, they will simply raise the rent for $500. Similarly, your hairdresser knows you have more money so he will charge more, your mechanic knows you have more money so he will charge more etc. ad infinitum.
- usrusr 5y agoBy this logic, people would be scared of buying a good looking car or dressing well.
- ivanche 5y agoNope. Just because someone has a good car, doesn't mean he has the money. Actually, I would argue that most of the people don't have the money, i.e. they're driving better car then they can afford. And you're assuming that your landlord or hairdresser suddenly know which car you drive, but that is very long assumption. In this case (UBI) literally everybody knows 100% that you have more money than before.