Y Combinator Learns Basic Income Is Not So Basic After All

Re:Y Combinator Learns Basic Income Is Not So Basic After All by ZainRiz on Monday August 27, 2018 @04:03PM (#17854018)

But there is affordable housing. The only problem is that the affordable housing is not in the big cities that those people would like to live in.

Go to a smaller town and housing is pretty cheap there. If you get a larger influx of people moving there because of cheap housing, then those cities will suddenly have more job openings available because they have to meet the needs of more people.

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Re:Y Combinator Learns Basic Income Is Not So Basic After All by manicdee on Monday August 27, 2018 @04:36PM (#17854301)

Especially when the (jobless) renter is getting $1000 a month but is only spending $600 on rent. That's $400 a month per new renter that is going into the local economy through grocery stores, bars, and public transport. That's new jobs being created.

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Re:Y Combinator Learns Basic Income Is Not So Basic After All by hollandheese on Monday August 27, 2018 @04:50PM (#17854417)

What small town would that be? Definitely not one on the West Coast. It's around $1000 for a one bedroom here in Humboldt County, and at least $350,000 for a decent 3 bedroom house.

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