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A comment on Tesla laid off my disabled veteran husband then cancelled his sign on bonus. Parent comment

Re:Tesla laid off my disabled veteran husband then cancelled... by petre on Monday January 21, 2019 @12:25AM (#18957866)
Instituting an UBI will only make rents more expensive and above the UBI level. It happened with government guaranteed housing credit in certain EU countries. The credit upper threshold was max 60k euros, so good luck finding cheaper options because everything starts at 60k now, even old apartments. If the gov't screws too much with the economy, it will screw people back.
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Re:Tesla laid off my disabled veteran husband then cancelled... by AnthonyMouse on Monday January 21, 2019 @12:34AM (#18957894)
That's because it's a housing credit instead of a UBI. If you give people money they can only use for housing, they use it for housing and the price of housing increases relative to the price of everything else (including wages).

If you give them money they can use for anything, it doesn't increase the real cost of anything in particular, it only reduces the relative disparity between the rich and the poor.

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