Re:Basic income would not reduce people’s willingness to work
by kube-system on Monday January 17, 2022 @01:19PM
(#29969704)
There's not an objective number for that. But if we assume there is, then you are simply guaranteeing that no rentals will exist, because landlords pay higher taxes than a resident mortgagor, and they have overhead.
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Re:Basic income would not reduce people’s willingness to work
by onion2k on Monday January 17, 2022 @03:00PM
(#29971073)
Only if you ignore the appreciation on the investment asset (eg the house). That's most of the reason to rent out a house - for the future sale of the property. This would just mean landlords would need to buy the maintenance costs until they sell up.