2 ms·

I'm not looking for an academic view of the world. I'm looking for reality-based, and that reality is...housing eats up a high percentage of income. What's to s

I'm not looking for an academic view of the world. I'm looking for reality-based, and that reality is...housing eats up a high percentage of income. What's to stop landlords from doing what they do now and pricing what the market will bear? Yes, it's such a simple question. I'm not the one missing anything.

seanmcdirmid 3y ago
UBI is just direct wealth redistribution. It doesn’t actually create more housing, it just makes poorer people have more money to bid on housing and richer people have less money to bid on housing. As the landlord, probably rents on lower end properties will rise and and rents on higher end properties will fall if all of UBI was spent on housing and the taxes used to pay for it came out of housing budgets.
- pcthrowaway 3y ago
  I'm concerned that when everyone receives money, the people and corps with concentrated power/wealth are able to funnel it into their own pockets, and the money becomes worth less over time so that the people receiving it now need the UBI and an income to scrape by. Think about the shift towards dual income households; instead of households becoming more wealthy, society has changed such that it's difficult to survive on one income now (and for people with children, nearly impossible for most). If anything, households combining 2 incomes have a worse standard of living than a single-income household 40 years ago. I strongly believe at this point it would be better for society to prioritize housing, feeding, and attending to the medical needs of everyone; the possibility of paying them can then come later.
  - seanmcdirmid 3y ago
    The shift to dual income was a middle class thing. It didn’t change anything for the lower class, both parents were already working in their struggle to survive. The standard of living today is higher than 40 years ago, but we are paying for it by having more people in the workforce. The corps didn’t magically gobble up more profit.

seanmcdirmid 3y ago

UBI is just direct wealth redistribution. It doesn’t actually create more housing, it just makes poorer people have more money to bid on housing and richer people have less money to bid on housing. As the landlord, probably rents on lower end properties will rise and and rents on higher end properties will fall if all of UBI was spent on housing and the taxes used to pay for it came out of housing budgets.

pcthrowaway 3y ago
I'm concerned that when everyone receives money, the people and corps with concentrated power/wealth are able to funnel it into their own pockets, and the money becomes worth less over time so that the people receiving it now need the UBI and an income to scrape by. Think about the shift towards dual income households; instead of households becoming more wealthy, society has changed such that it's difficult to survive on one income now (and for people with children, nearly impossible for most). If anything, households combining 2 incomes have a worse standard of living than a single-income household 40 years ago. I strongly believe at this point it would be better for society to prioritize housing, feeding, and attending to the medical needs of everyone; the possibility of paying them can then come later.
- seanmcdirmid 3y ago
  The shift to dual income was a middle class thing. It didn’t change anything for the lower class, both parents were already working in their struggle to survive. The standard of living today is higher than 40 years ago, but we are paying for it by having more people in the workforce. The corps didn’t magically gobble up more profit.