Comment by triceratops
12 hours ago
> This is why UBI is a nonstarter. It will just get absorbed by landlords
Not necessarily. People live where they live because there are jobs. If they don't need jobs because of UBI, or they can take lower-paying jobs, they can move wherever housing is plentiful.
There'll always need to be other constraints on landlords because there's zero reason why they won't just all screw renters over in every area no matter how plentiful housing is.
How would they do that if housing is plentiful?
You have to make it impossible for them to exist. Rentiers are the lowest form of business, and incentives need to make it difficult for them to prosper too much.
These issues are why policy was oriented around individual home ownership for decades.