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A comment on Y Combinator Learns Basic Income Is Not So Basic After All. Parent comment

Re:Y Combinator Learns Basic Income Is Not So Basic After All by baby on Monday August 27, 2018 @02:55PM (#17853465)
The landlords charge what they can manage to charge. Meaning that if there are people to pay for it and the government isn’t restricting the rent somehow, then they will always try to charge more. It doesn’t have much to do with the median income, rather with how popular the location is.
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Re:Y Combinator Learns Basic Income Is Not So Basic After All by joe_the_user on Monday August 27, 2018 @03:08PM (#17853567)
Sure, the point is a landlords looks at their tenants, sees their tenants are getting a sudden, big, "basic income" boost and boosts the rent of their tenants because the tenants can pay it.
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