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Rent and housing prices have already been increasing. Maybe they’ve been increasing more this past year, but even if so it could be blamed on other things. Lot
by armchairhacker 5y ago
Rent and housing prices have already been increasing. Maybe they’ve been increasing more this past year, but even if so it could be blamed on other things.
Lots of people didn’t have to pay rent last year, so landlords (especially smaller ones) had to increase rent for those who could. Also other prices are increasing from inflation and supply shortages.
As long as the price of inflation doesn’t completely cover UBI (which is possible but imo unlikely), it will be at least partly effective.
- bena 5y agoThis is anecdotal and I'm not offering it up as proof of anything, but if I don't say this to someone somewhere, I'm going to go mad from the absurdity of it: My rent actually went down. I attribute the decrease to the two new complexes built next to where we were. But yeah, I was shocked as shit. I moved earlier this year, but still, it was weird.
- carabiner 5y agoRents dropped in most big cities in the US because office workers were able to work remotely and started moving to cheaper areas. I don't know why everyone forgot this, it was the prevailing narrative in housing during the middle of lockdown. Everyone was talking about SF emptying out.