Re:Universal Basic Income is Capitalism 2.0
by ShroudedNight on Thursday July 30, 2020 @07:31AM
(#23996912)
This argument would be much more persuasive if each landlord could supply an effectively unlimited supply of housing. As things currently stand, a landlord reducing his rent would clear his limited inventory first, but the broader effects of the actions of a single agent would be fairly muted.
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Re:Universal Basic Income is Capitalism 2.0
by afarrell on Thursday July 30, 2020 @08:08AM
(#23997134)
If only there was a way to turn money into more housing on top of the same area.
Re:Universal Basic Income is Capitalism 2.0
by Robotbeat on Thursday July 30, 2020 @09:44AM
(#23998017)
It is amusing that folks kind of ignore the possibility of multiple storeys (and increasing supply of housing generally).
Sure, in theory you can eminent domain a neighborhood of low density housing and replace it with higher density housing. In practice though, its politically impossible most places.