Re:Universal Basic Income is Capitalism 2.0
by fragmede on Saturday August 01, 2020 @01:27PM
(#24022256)
Is there a reason other than naked greed, why you (philosophical 'you', not you personally) would raise your prices accordingly? Keep in mind that even as a multi-millionaire slumlord you would also receive UBI (or else it ain't universal) which is enough to cover basic food and shelter.
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Re:Universal Basic Income is Capitalism 2.0
by three14 on Saturday August 01, 2020 @04:39PM
(#24023721)
Because you don't directly set real estate prices based on the buyer's income. You simply sell to the highest bidder. The bidders look at their own income and decide what to pay. If all the bidders have more money, the price will tend to rise.