News for hackers. Stuff that matters.
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.
Re:Universal Basic Income is Capitalism 2.0 by thejynxed on Monday August 03, 2020 @12:14PM (#24039611)
The prices will rise without fail, as seen in every real estate market from Shanghai and Toronto to London and the San Francisco Bay area.