this post was submitted on 09 Jan 2024
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Showerthoughts
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My issue with it is that you haven’t run trials with people min-maxing how to squeeze people for their UBI checks. As a start, just raising rent until it eats all the UBI
You can’t just arbitrarily raise the rent to whatever you like.
You must live in VENEZUELA or some other SOCIAMIST HELLHOLE!
Americans have the freedom to literally arbitrarily raise the rent to whatever they like YEEEEEEHAW!
Yeah, the socialist hellhole that is the Netherlands. Ranked 8 in the Index of economic freedom (USA is #25)
Okay let’s say I own a condo and I’m renting it out. I raise the rent to a million dollars a month.
What happens next?
Depends on the location but most likely demand will be zero.
So I don’t get my million dollars a month??