Re:We Need a Basic Income Guarantee
by rjsw on Sunday September 01, 2013 @04:26PM
(#6312011)
I would expect that BI would (and should) have an impact on the cost of housing.
If the BI is constant across a geographical area that has varying housing costs then people without any other income would choose to live in cheaper areas, those living in currently expensive areas would have to pay more for basic services to allow people providing them to live nearby. I think this would help to deflate the current housing bubbles.
If the BI is constant across a geographical area that has varying housing costs then people without any other income would choose to live in cheaper areas, those living in currently expensive areas would have to pay more for basic services to allow people providing them to live nearby. I think this would help to deflate the current housing bubbles.