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by dragonwriter
3341 days ago
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> Nope, hand out $1000 BI a month and rent will go up by that amount, leaving the very poor even worse off. If housing were monopolistic in supply, and completely inelastic in demand, that would be remotely plausible. > Why take from the rich to give to the poor when the way they get their money is flawed (in the main). Doesn't the "when" part of that answer the "why" part? |
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Right, and we should bear in mind that housing competes not only against identical units in similar places but also longer commutes, alternative living arrangements, and leaving the area entirely.