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A comment on Universal Basic Income Is Not Feasible. Parent comment
The housing itself costs more in the Bay area.
Rentals/housing in the Bay area (or other desirable locales) are supply constrained.
The only class of goods I can think of that are not based on underlying costs are monopolies.
And yes - it's unlikely that low income rentals will suddenly become supply constrained after UBI.
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The housing itself costs more in the Bay area.
Rentals/housing in the Bay area (or other desirable locales) are supply constrained.
The only class of goods I can think of that are not based on underlying costs are monopolies.
And yes - it's unlikely that low income rentals will suddenly become supply constrained after UBI.