Re:The deep roots of modern resentment
by bduerst on Tuesday January 31, 2017 @02:20PM
(#13534208)
Coincidentally, housing prices (buy/rent) are income-elastic and one of the criticisms of a blanket UBI, not just minimum wage.
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Did anyone compile a list of ways to handle this problem? I'm all for UBI, but this feels like a show-stopper, and I don't know of any workaround.
The market will solve it if the number of housing units is large enough compared to the number of families, provided no one vendor owns too large a fraction of them.
It seems pretty wasteful, though.