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by ElComradio 3436 days ago
UBI still will have some short term profiteering effects. A slum lord who knows his tenants are uniformly $1K/mo richer is going to raise the rent short term. You seem to be assuming everyone is automatically acting in their long term best interest. "Oh neat, I'm going to raise the rent $500 and plow it into new apartments and renovations so five years from now I'm still competitive!" Vs. "I'm going to raise it $500 and buy a BMW!" I just don't see it not happening. I agree that long term it will hash out.
1 comments

There is always going to be that one guy who responds to any change by going on a bender and smashing his own property. Tomorrow they won't be competitive. That sounds like self-correction.