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>Will never happen: a soon as it starts rolling to a significant number of people, the minimal rent set by landlords will be the amount of UBI. https://old.red
by Qwertious 5y ago
>Will never happen: a soon as it starts rolling to a significant number of people, the minimal rent set by landlords will be the amount of UBI.
https://old.reddit.com/r/VanDwellers https://old.reddit.com/r/VanDwellers
There are plenty of country towns that are rapidly emptying due to lack of jobs, and literally offer to sell you a house for $1 if you commit to living in it (and maintaining it) for a year. An awful lot of small towns are desperate for new residents.
There's no actual housing shortage. There's a shortage of housing near the jobs.
But even if that's not the case, riddle me this: how much does rural land cost? An average of ~$3000/acre in the USA (an acre is 4046sqm). Source: https://www.landsoar.com/acre-of-land-cost/ https://www.landsoar.com/acre-of-land-cost/
If landlords increase the cost of rent, people will just build cheap houses in cheap areas.