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Re:Montana to cancel unemployment benefits to address severe... by asdff on Thursday May 06, 2021 @03:11AM (#27060047)
But then how will the landlords get paid?
Re:Montana to cancel unemployment benefits to address severe... by jessaustin on Thursday May 06, 2021 @07:11AM (#27061523)
If robots are doing all the work, why would landlords be paid for anything?
Re:Montana to cancel unemployment benefits to address severe... by sokoloff on Thursday May 06, 2021 @07:33AM (#27061691)
If the landlords won’t be paid for anything, why would they provide housing for tenants? Then where will the tenants live?

Whatever you think of landlords, people do in general prefer to live indoors and landlords are in the business of offering that service.

Re:Montana to cancel unemployment benefits to address severe... by supercheetah on Thursday May 06, 2021 @07:52AM (#27061857)
If robots do all the construction and maintenance, then there's probably an AI that owns the building too that just wants the energy to sustain itself, in which case it probably owns the grid too, and probably won't care much about what the humans living in its buildings are doing.
Re:Montana to cancel unemployment benefits to address severe... by sokoloff on Thursday May 06, 2021 @08:52AM (#27062437)
I loved the Matrix movies too, but we’re not at that place in the timeline yet (at least I think the chicken I’m eating is chicken).
Re:Montana to cancel unemployment benefits to address severe... by chii on Thursday May 06, 2021 @10:01AM (#27063316)
so who owns the land on which the building was built? who owns the robots that built the building? Who provided the initial capital to build those robots?
Re:Montana to cancel unemployment benefits to address severe... by jessaustin on Thursday May 06, 2021 @02:37PM (#27067424)
The hypothetical of this thread is "a bright future if we ever get AI to take all the jobs." That's a much bigger change from our current condition than e.g. a renegotiation between capital and humanity with respect to customary provision of shelter. Such renegotiations already occur with regularity, but the robots have never yet done all the work. If the robots ever do this (and since we're assuming a miraculous future, without simultaneously demanding all the decision-making power) there would no longer be a reason to preserve the privileges previously associated with historical investment in residential construction.
Re:Montana to cancel unemployment benefits to address severe... by freeone3000 on Thursday May 06, 2021 @10:15AM (#27063550)
Why should they get to offer that service merely because they bought the land first? Why does the service of housing people need to be offered by private citizens?
Re:Montana to cancel unemployment benefits to address severe... by sokoloff on Thursday May 06, 2021 @10:20AM (#27063637)
What else would buying the land mean? Why do I get to use this laptop, eat this food, wear this shirt, or live in this [owner-occupied] house just because I bought it first?

Housing could absolutely be provided by companies or governments. In the US, government has an absolutely horrible track record of providing desirable housing (except perhaps military base officer housing).

Re:Montana to cancel unemployment benefits to address severe... by machinebun on Thursday May 06, 2021 @10:44AM (#27064008)
We don't have to have government take over housing, just relax the zoning regulation. The damn real estate owner's association has too much power - if we curb some of it, I will have no problem with privately owned real estate.

Remove the carveouts against money laundering for real estate, the preferential tax treatment / mortgage interest deductibility for investment properties, things like that.

Re:Montana to cancel unemployment benefits to address severe... by sokoloff on Thursday May 06, 2021 @10:47AM (#27064047)
Business loans are tax-deductible because we have a tax system based on net income.

Why should airlines or manufacturers or other businesses be able to deduct the interest on their loans, while one specific sector cannot?

Re:Montana to cancel unemployment benefits to address severe... by machinebun on Thursday May 06, 2021 @10:57AM (#27064190)
> Other business loans are tax-deductible because we have a tax system based on net income.

I want to make a distinction between productive use of capital and rent-seeking. If you're getting a loan in order to buy an existing piece of property and rent it out - that is not productive, it is rent seeking (since you generate cash flow from just holding onto an asset and not doing anything with it).

If you're building a new house or renovating/repairing the existing house with that loan, then the part that goes towards building/renovation is productive and the interest on that part of the loan should be deductible.

The point is that people can make a lot of money by buying up real estate "portfolios" and simply sitting on them to generate cashflow, pricing others who want to buy a home out of the market. This would even out the balance a bit and make holding onto lots of investment assets more expensive but buying your first home [relatively] more affordable.

Re:Montana to cancel unemployment benefits to address severe... by antihero on Thursday May 06, 2021 @07:32AM (#27061681)
Because they own stuff and see it as their right to make money for doing nothing.
Re:Montana to cancel unemployment benefits to address severe... by NovemberWhiskey on Thursday May 06, 2021 @10:28AM (#27063788)
Firstly, fairly obvious you've never been a landlord. Second of all, yes, making money by owning stuff is called capitalism and that is the system we have.
Re:Montana to cancel unemployment benefits to address severe... by antihero on Friday May 07, 2021 @07:14PM (#27081881)
Thank you so much for your enlightening comment. Clearly I understood neither of those things and now, I do.
Re:Montana to cancel unemployment benefits to address severe... by prepend on Thursday May 06, 2021 @07:45AM (#27061798)
They get paid with the state provided unemployment income.