I don’t want people to make a lot of money off of housing. Why would I want that?
Look, people had more relative income before, and rent is too high now. If UBI gives people more income now, rent will be too high later. There need to be rent caps. UBI alone doesn’t fix the fundamental problem.
I mean, at best you’re saying that laissez-faire competition will make rent caps unnecessary, to which I say great! Let’s add them anyway. No one will ever set rent as high as the cap, so there should be no problem.
I don’t want people to make a lot of money off of housing. Why would I want that?
Look, people had more relative income before, and rent is too high now. If UBI gives people more income now, rent will be too high later. There need to be rent caps. UBI alone doesn’t fix the fundamental problem.
I mean, at best you’re saying that laissez-faire competition will make rent caps unnecessary, to which I say great! Let’s add them anyway. No one will ever set rent as high as the cap, so there should be no problem.