Re:Universal Basic Income is Capitalism 2.0
by eirini1 on Thursday July 30, 2020 @11:24AM
(#23999237)
... are you sure rent hasnt gone up massively over the past decade? I feel like it has.
[ Parent
| on HN ]
Re:Universal Basic Income is Capitalism 2.0
by take_a_breath on Thursday July 30, 2020 @11:38AM
(#23999401)
I think it's mostly location-based. NYC, Seattle, San Fran, Austin, Denver, Boise and more cities have seen significant rent increases. On the other hand, we have Rust Belt cities like Milwaukee, Chicago, Cleveland, Indianapolis, St. Louis, Detroit, Cincinnati, and more where rents haven't risen at the same rate.
Edit to add some specificity, although it's not "rent". Here [1] is a 3 bed/2 bath house in a very safe Chicago neighborhood for $325k. The local public elementary school is an 8/10 and the high school a 7/10.
[1] https://www.redfin.com/IL/Chicago/4824-N-Oak-Park-Ave-60656/...
Re:Universal Basic Income is Capitalism 2.0
by Sohcahtoa82 on Thursday July 30, 2020 @03:00PM
(#24001719)
Fun thought I just had...
If a significant number of readers here on HN click that link, driving traffic to that specific listing, I wonder if it would cause the agent to think there's more interest in the home than there really is, giving them the suggestion that they should increase the price.
It does have a "HOT HOME" banner on the first picture. Could that be from HN readers?