If the government gave everybody (over 18) $1500/month as a universal basic income, how much would it cost to rent the apartment you live in now?
Posted Feb 25, 2019, 11:59 PM UTC
213
Who knows? How would individual property owners and conglomerates react? Would they be able to cut out any UBI recipients? Would they cater to them?
This is precisely why UBI wouldn't work in our current economic environment. The concept requires a complete restructuring of our social systems.
2
Still too damn much
2
Everybody's rent would at least triple, I bet.
2
It's already at $1500/month so it'd be, like, free?
2
$-95.12 since I own it.
2
I doubt the government would try to regulate rent rates. They would probably stay the same rate forcing you to move closer to high-population/lower income areas.
1
Where would the government get the money
1
Taxes, maybe? Wasting less money in the defense budget, maybe?
2
Yeah the problem with that is that even if you got payed by the government you'd be paying more in taxes so it wouldn't really matter
1
Not really enough information to make a solid prediction here, but if everything else stayed the same my wife and I would only need one of our incomes to continue living comfortably, and I suppose the same would be true of others which would create demand for workers. Hmm.
1
I don’t rent or live in an apartment, stop excluding me bigot.
-1
Fanny Dog owner gay
1
i dont even make $1500 a month with a job