I’ve generally talked about a Universal Social Security (a type of UBI) in its potential to create broad market effects. That’s not possible in these small experiments, so you get incomplete information.
Imagine being a landlord. If an average of 10% of your theoretical rent revenue is lost to evictions and empty units, what happens? You have 10 units that must rent for $250/month to make your profit margin, yet you face a risk of $25/month per unit. Well, to retain the same profit margin, you have to charge $275/month–and what if your tenants can only afford $260/month? You can’t […]