Re:Why did I leave Google or, why did I stay so long?
by JKCalhoun on Wednesday February 17, 2021 @11:18AM
(#26168077)
Not an economist. I liken it to the cost of tuition having gone up, perhaps because of the availability of student loans and the willingness (need?) of students to borrow to get a higher education.
Rent is the one you are sort of locked into. Food, etc, you have choices ... moving, much harder to shop around.
Do you also expect food, transportation, entertainment, and technology costs to go up $1000/month nationwide?
Rent goes up due to a lack of available apartments or houses in the area. If public policy is geared toward allowing development of sufficient housing for the people wanting to live in a place, that will have a far bigger impact on rents than UBI.