I mean it depends on the context of how UBI is going to get paid for. If it is funded by a wealth tax then I am on board. But that’s not how the powerful proponents of UBI say it should be funded. Andrew Yang would have us take it out of Social Security to pay for it but you don’t hear him say we should uncap Social Security contributions.
Also, I think rent caps or something need to be introduced as well. I worry about landlords just assuming you have an extra 2,000 on you and then taking it.
But implemented with the right protections, I would love UBI.
If landlords can assume every tenant they’ll ever see has 2,000 plus their income, then they can just set rent to be 2,000 plus the average income of the area (or whatever it is they do currently). That’s what I’m worried about.
Like, I’m worried about inter-landlord collusion that happens not because they’re talking to each other but because they can all assume the same facts about you.
I mean, truthfully, I think landlords should be cut out of the game anyway, but that’s a wholly separate issue.
I don’t want people to make a lot of money off of housing. Why would I want that?
Look, people had more relative income before, and rent is too high now. If UBI gives people more income now, rent will be too high later. There need to be rent caps. UBI alone doesn’t fix the fundamental problem.
I mean, at best you’re saying that laissez-faire competition will make rent caps unnecessary, to which I say great! Let’s add them anyway. No one will ever set rent as high as the cap, so there should be no problem.
I mean it depends on the context of how UBI is going to get paid for. If it is funded by a wealth tax then I am on board. But that’s not how the powerful proponents of UBI say it should be funded. Andrew Yang would have us take it out of Social Security to pay for it but you don’t hear him say we should uncap Social Security contributions.
Also, I think rent caps or something need to be introduced as well. I worry about landlords just assuming you have an extra 2,000 on you and then taking it.
But implemented with the right protections, I would love UBI.
Removed by mod
I’m not sure what you’re saying.
If landlords can assume every tenant they’ll ever see has 2,000 plus their income, then they can just set rent to be 2,000 plus the average income of the area (or whatever it is they do currently). That’s what I’m worried about.
Like, I’m worried about inter-landlord collusion that happens not because they’re talking to each other but because they can all assume the same facts about you.
I mean, truthfully, I think landlords should be cut out of the game anyway, but that’s a wholly separate issue.
Removed by mod
I don’t want people to make a lot of money off of housing. Why would I want that?
Look, people had more relative income before, and rent is too high now. If UBI gives people more income now, rent will be too high later. There need to be rent caps. UBI alone doesn’t fix the fundamental problem.
I mean, at best you’re saying that laissez-faire competition will make rent caps unnecessary, to which I say great! Let’s add them anyway. No one will ever set rent as high as the cap, so there should be no problem.
Removed by mod
Removed by mod
Sure, I’m on board as long as the fix isn’t to cut other social safety nets.
Removed by mod