@loke @aral @garbados @emptyfortress Yeah, I don’t think it’s sufficient either - if the property is privately owned, capital will prefer to develop and maintain uncontrolled property where profit margins are higher instead, and will find loopholes in the rent control laws to maximize their profit (for instance, many of them effectively have tighter restrictions on rent for rented units than unrented units, which creates an incentive to make existing tenants move out somehow to be able to raise the rates).
Have democratically-owned property, and you might get somewhere (although I’d also warn against the tyranny of too-local democracy, as evidenced by homeowner’s associations). Ensure an oversupply of housing, and you might get somewhere.
@garbados @davidak @aral your housing costs should be anything *in excess of* some generously-set expected-usage: water, power etc. Rent... that's a trickier Q, I think rents should be locked from increasing when UBI is deployed, starting several months ahead to reduce (it won't prevent) rent gouging. UBI should be scaled to local Cost Of Living - this incorporates Rent, basic food costs, and enough discretionary funds to prevent stagnation
@garbados @aral You mean landlords responding to the inevitable inflation caused by a UBI? I suppose you could then put in price controls on rent. And after that figure out how to address the resulting housing shortages.
That's the problem with economics: when you mess with markets it leads to a "give a mouse a cookie" kind of situation.
That's not to say don't ever do it. I expect we'll end up with a UBI, and now sooner rather than later. But the consequences are predictable.
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