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That's exactly what happened with student housing subsidies in NZ. Labour were elected and fulfilled a campaign promise by raising the housing allowance by $150
by gnat 5y ago
That's exactly what happened with student housing subsidies in NZ. Labour were elected and fulfilled a campaign promise by raising the housing allowance by $150 pw. Rents in Wellington rose $150 pw at the same time.
- tragictrash 5y agoDo you have a link to a more in depth article?
- gnat 5y agoHm, government commissioned research says this isn't happening. I may be forced to eat my words. https://www.motu.nz/assets/Documents/our-work/population-and-labour/individual-and-group-outcomes/Accommodation-Supplement-Exec-Summary.pdf https://www.motu.nz/assets/Documents/our-work/population-and... That said: "Larger rent increases were observed among those who received larger increases in accommodation payments."
- qqqwerty 5y agoThis is a bad example. Students are tied geographically to their respective campuses. With a UBI, individuals would be incentivized to relocate to lower cost of living areas to stretch their UBI farther. The fact that housing is in such tight demand in certain areas is not an argument against UBI. To solve that problem we need to build more houses.