Comment by RiverCrochet
Comment by RiverCrochet a day ago
- If more money is available for rents (increase demand), more people will build apartments to get that money (increase supply). This will introduce competition and keep rents reasonable. This won't work where housing supply is artificially limited.
- I might live with a relative instead of paying $1000 extra, and can now afford the car to get to and from my job instead of living with them without a job or deepending on them for a ride.
- I might put that into a mortgage payment instead of rent. UBI if done correctly is always there so it's something a bank could count on as a reliable asset.
- "The number of goods are the same, they would become more expensive through inflation" - If there is more money to buy goods, people will find a way to produce more goods, if allowed. If people aren't producing more goods then your problem is there - transportation to markets could be an issue.