3 ms·
> $2000 barely covers rent ( 1 br LA/SF). The market will develop housing for basic income people or you could always move to lower cost areas. > We’d also ne
by qiskit 5y ago
> $2000 barely covers rent ( 1 br LA/SF).
The market will develop housing for basic income people or you could always move to lower cost areas.
> We’d also need rent control legislation to prevent rents from rising to absorb the UBI.
Nope. If people are given basic income, the market will develop housing/services to cater to them.
- ac29 5y ago"The market" has shown itself to be woefully inadequate at developing housing for those on the lower part of the income scale. I'm not sure why that would change under a basic income scenario.
- Rebelgecko 5y agoThe market hasn't developed housing for people on the current minimum wage, so I have my doubts that it would be any different with UBI
- erik_seaberg 5y agoThere’s plenty of cheap housing if you don’t need to be near a competitive job market to cover the rent.
- User23 5y agoRents will simply rise by whatever the amount of the basic income is.