• @[email protected]
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    386 months ago

    I suspect that when the government implements things like universal basic income, rents will increase with that amount the next day.

    • @[email protected]
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      66 months ago

      A huge majority of politicians are landlords. They’re more represented than mining, tech, forestry, oil, agriculture, or any other big industry lobby group.

      Rents will rise, but it’s by design.

    • @[email protected]
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      46 months ago

      This doesn’t happen where UBI has been put into practice, and only happens in theory if you assume housing demand is perfectly inelastic. That’s why it’s a common suspicion.