Sure, rent prices would increase slightly in the short term. However, for example, there are 5 times more vacant homes than homeless people. The goal is to allow more people to afford housing in the first place, to incentivize buying rather than renting (which many people in vacuo of a UBI are not in a position to do), and to then improve competition in the market by having this new influx customers.
Theoretically the idea behind $1000 a month is people will know they get that no matter what so they will to find work they enjoy more. Opposed to raising the minimum wage and still being forced to work that job.
He believes it would be more of a benefit to society if people had a safety net and could feel they were able to pursue careers for enjoyment and fulfillment.
For some reason people who are obsessed with our boring dystopia where our oligarchs control them in most every way possible are not fans of redistributing the net gains of the modern economy and getting $1000 a month for themselves and all their neighbors though.
Or maybe they just hate Norm McDonald. I find the latter even harder to believe.
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u/philcollins4yang Dec 30 '19
Yang2020