UBI Cash Payments Reduced Homelessness, Increased Employment in Denver
UBI Cash Payments Reduced Homelessness, Increased Employment in Denver
UBI, or universal basic income, is a form of direct cash assistance to help the most vulnerable get back on their feet. A new study in Denver suggests it works.
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I wonder if rent would go up if ubi became a thing
That depends on the housing market. If you have a surplus in housing, rent will remain stable because tenants will move if their landlord increases rent.
If you have a deficit in housing and more people look for a place to stay than there are available places, then tenants cannot move. Landlords and other businesses in deficit markets like healthcare will take all additional income.
The Maoist uprising against the landlords was the most comprehensive proletarian revolution in history, leading to almost totally equal redistribution of the land amongst the peasantry.
They also killed 40-80 million people so there's that.