Those seem incompatible to me.

(UBI means Universal Basic Income, giving everyone a basic income, for free)

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[–] 19 points 2 years ago (2 children)

Yup that’s a common critique of UBI. Landlords will jack up rent and end up hovering a huge amount of the benefits. Your landlord knows you’re all of a sudden making $12k more per year? Welcome to your new $10k rent hike.

For UBI to function we need basic price controls or necessities provided for before it makes any sense to introduce.

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  • [–] -1 points 2 years ago (1 child)

    If I'm earning $12,000 more a year I could just buy a house. The reason that house ownership is low is because people can't afford it, but house prices aren't affected by the whims of landlords, they're affected by availability. They can't really be artificially modified.

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  • [–] 1 point 2 years ago (1 child)

    really, so now down payments don't exist? Also housing prices are not affected by availability as much as you might think. source

    I smell a liberal lol

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