UBI won't answer the problem of RENT. The rent will always rise to pickup the ne... | Hacker News

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		mjevans on June 2, 2023 \| parent \| context \| favorite \| on: California spent $17B on homelessness – it’s not w... UBI won't answer the problem of RENT. The rent will always rise to pickup the new headroom until there is no longer headroom. All the profit will go to the rent seekers who leave nothing for anyone to get ahead.

Clubber on June 3, 2023 [–]

With UBI though, you can move to a much cheaper location and live there.

erik_seaberg on June 3, 2023 | [–]

There seems to be a lot of housing going unused in declining job markets, and I hope UBI makes it feasible for people to use it more.

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