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by empath75 3674 days ago
I think that what you would see is rents exploding in certain places like SF, but if you don't need to be in a particular city for work or social services, a lot of people would move to places like Cleveland or Detroit that are much cheaper to live in.
1 comments

Detroit is cheaper right now, but people aren't moving there. Post-BI, Detroit landlords will raise rent to capture any additional disposable income, so everywhere will still be in the same relative position.