Re:Suspicious Discontinuities
by dllthomas on Friday February 21, 2020 @04:13PM
(#22386798)
Imagine a unit of housing, presently empty because it's undesirable, because there are no good job available nearby. There are some pretty good jobs, but none available that pay quite enough that competing for housing elsewhere isn't more attractive to the marginal consumer.
A UBI makes the pay matter a little less, and so makes places like that more attractive.
It doesn't, first order, cause more units to be built. But that is not the only way to increase supply.
Longer term, that kind of calculation about potential units, in places where it's easy to build, might lead to more units built. But that gets more complicated.
A UBI makes the pay matter a little less, and so makes places like that more attractive.
It doesn't, first order, cause more units to be built. But that is not the only way to increase supply.
Longer term, that kind of calculation about potential units, in places where it's easy to build, might lead to more units built. But that gets more complicated.