The short answer is that economics isn’t that simple. There are a lot of factors for the price of anything, and those factors are again changed by the location, the demographics, etc. Human economic activity is as complex as anything gets in this world.
Simple competition is enough to shut this particular argument down, though. The landlord who doesn’t raise his rents is going to rent out all of his properties before the other landlords who do raise their rent. If you’re in a competitive market, the UBI isn’t going to affect rent at all. It’s more likely to make […]
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