> This would apply to pretty much all basic expenses except housing, which would largely only go up because you can't make more land in desirable places. You c

> This would apply to pretty much all basic expenses except housing, which would largely only go up because you can't make more land in desirable places. You can build up, which most places don't do. What we'd see is fewer houses and more condos/apartments. > You may still have to worry about losing your job, because the minimum livable wage wouldn't cover your rent or mortgage. Yes, but it transitions the effects of this loss to "move somewhere else and have fewer luxuries" not "have no home and be unable to eat", which I think is an improvement.