Re:Mark Zuckerberg Calls for a Universal Basic Income
by PKop on Friday May 26, 2017 @12:26PM
(#14425222)
The bottom of the market is exactly where those depending on basic income reside.
A "move towards cheaper housing" by others would be competing against basic income dependents within this market segment.
This is what I meant by within some defined boundary. Here, its the lower end housing market.
Re:Mark Zuckerberg Calls for a Universal Basic Income
by maxerickson on Friday May 26, 2017 @12:28PM
(#14425239)
Right, but it wouldn't happen in a geographically constrained area and location is the factor that really drives crazy housing prices.
For goods like food, the supply is pretty freaking elastic.