this post was submitted on 09 Jan 2024
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Showerthoughts

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Those seem incompatible to me.

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

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[–] [email protected] 1 points 9 months ago (1 children)

Landlord just pockets the money obviously

[–] [email protected] 0 points 9 months ago (1 children)

Right. Yes. That’s a good answer because when you pay rent the landlord does indeed get the money.

I was asking more about what happens to building construction. Anyone?

[–] [email protected] 1 points 9 months ago (1 children)

Nothing happens. There are loads of zoning laws that make it effectively impossible to build in most areas these days anyway

[–] [email protected] 1 points 9 months ago (1 children)

Yeah so I guess if you introduce UBI to a complete lack of free market, to a place where new construction is illegal, then it won’t help. Unless there are vacant homes around, in which case there are still some market forces at work and it will help.