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by xyzzy_plugh 2145 days ago
In most of the US, I believe there are no laws. California recently passed some legislation limiting rental increases per year, but it's still something like 7-8%, which is ludicrous.

The first world country I'm from has, effectively, nation-wide rent control (varies by region) and rent increases are limited to something around 1%, set each year (tracking inflation somewhat).

In the US, this will work very poorly: a landlord can just bump your rent by exactly the UBI amount and get away with it. Otherwise, they would have to wait for a vacancy to set the rent. But eventually, I agree that the rent would just absorb the UBI in many cases.

1 comments

Of course, laws against property tax increases but not rent increases.