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by estearum 95 days ago
No the argument is that the landlord will raise rents, but they will not keep them. The gain generated by UBI, by virtue of raising the value of the land underneath the unit, would be recouped by the LVT at tax time.

UBI is passed from the tenants to the landlord in the form of higher prices, but is recouped by the LVT, which cannot be passed in reverse from the landlord back to the tenant.
1 comments
SoftTalker 94 days ago
I think that when most people hear "the landlord eats it" that does not imply that they raise rents but just pass the increase along to the tax authority and don't keep any of it for themselves. "The landlord eats it" implies that the landlord pays, accepts less profit, and the tenants pay the same as before.
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estearum 94 days ago
"The landlord eats it" was referring to the tax. That fits with most people's conception of what it means for someone to eat the cost: they cannot bake it into higher prices and pass along the burden.

Separately you are talking about applying UBI. No one said the landlord eats anything as far as UBI.

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