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Stuff like UBI sounds less insane if that's your alternative, and if it's truly as bad as you're suggesting it is. I wouldn't know the Canadian market well enou
by 88913527 3y ago
Stuff like UBI sounds less insane if that's your alternative, and if it's truly as bad as you're suggesting it is. I wouldn't know the Canadian market well enough but based on armchair knowledge of list prices, paired with the knowledge of lower wages, it doesn't seem too far off.
- chiefalchemist 3y agoUnless there's in increase in housing supply, UBI will simply increase what the market can bear. That is, in due time, the UBI "advantage" will end up in the pocket of landlords.
- creato 3y agoI don't see how UBI helps. It would help if home prices were low enough such that builders aren't incentivized to build, but high enough that people can't afford them. But that isn't the scenario. In the current scenario, UBI or any other form of rent subsidy is just going to go almost directly into property owners bank accounts.
- midasuni 3y agoUBI would simply increase housing costs. The only way it wouldn’t is if UBI was funded from a land value tax, but even that would require enough housing in non desirable areas.