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Whitewashing UBI as a "win-win" is pretty bold considering I just showed how UBI disproportionately benefits property owners and discriminates against everyone

Whitewashing UBI as a "win-win" is pretty bold considering I just showed how UBI disproportionately benefits property owners and discriminates against everyone else. There are ways to achieve all of the above that doesn't require destroying income-elastic priced markets. UBI is not a good solution.

yazaddaruvala 5y ago
The win-win-win was for "Removal/reduction in zoning", "Automate construction approval workflows", "Leverage eminent domain to aggregate land". UBI doesn't work well at all, like you stated, if there isn't a big increase in the supply of housing. For example, Seattle needs 10x more housing than it has today, and in 10 years it'll need 100x more housing than it has today. Ideally, all of these should be new luxury condo buildings, with 1000-3000 sqft condos, driving prices of all housing down by 10x. I would really like to see the city make this their only priority.
- dragonwriter 5y ago
  > For example, Seattle needs 10x more housing than it has today, and in 10 years it'll need 100x more housing than it has today. Seattle has about 740k people and about 370k housing units. 10 times the housing units would be enough for the entire state population at an average occupancy of 2 persons/unit. 100 times would be enough for roughly every US state bordering on or one state out from the Pacific Ocean. Seattle pretty emphatically does not need that much housing.
  - yazaddaruvala 5y ago
    Greater Seattle has 3MM people many of whom would like to be in the city core in a 3000sqft lux condo instead, or Airbnb space for concert nights. You’re also greatly underestimating the number of people from around the US who would rather live in Seattle but just can’t afford it right now. Seattle has a labor shortage and just can’t fill it right now. Restaurants and even many bars close early because it’s not cost effective to stay open later. Density also facilitates business and pulls in even more workers, who are also customers and it’s a positive cycle. Seattle needs 100x more housing in the next 10 years if it wants to continue to be a competitive city. As a resident I sure hope it does.

yazaddaruvala 5y ago

The win-win-win was for "Removal/reduction in zoning", "Automate construction approval workflows", "Leverage eminent domain to aggregate land". UBI doesn't work well at all, like you stated, if there isn't a big increase in the supply of housing. For example, Seattle needs 10x more housing than it has today, and in 10 years it'll need 100x more housing than it has today. Ideally, all of these should be new luxury condo buildings, with 1000-3000 sqft condos, driving prices of all housing down by 10x. I would really like to see the city make this their only priority.

dragonwriter 5y ago
> For example, Seattle needs 10x more housing than it has today, and in 10 years it'll need 100x more housing than it has today. Seattle has about 740k people and about 370k housing units. 10 times the housing units would be enough for the entire state population at an average occupancy of 2 persons/unit. 100 times would be enough for roughly every US state bordering on or one state out from the Pacific Ocean. Seattle pretty emphatically does not need that much housing.
- yazaddaruvala 5y ago
  Greater Seattle has 3MM people many of whom would like to be in the city core in a 3000sqft lux condo instead, or Airbnb space for concert nights. You’re also greatly underestimating the number of people from around the US who would rather live in Seattle but just can’t afford it right now. Seattle has a labor shortage and just can’t fill it right now. Restaurants and even many bars close early because it’s not cost effective to stay open later. Density also facilitates business and pulls in even more workers, who are also customers and it’s a positive cycle. Seattle needs 100x more housing in the next 10 years if it wants to continue to be a competitive city. As a resident I sure hope it does.