It’s two different problems. UBI helps with poverty, and a lot of other social spending. Give everyone enough money for rent and tomorrow the price of rent is higher than what you’re giving them. Housing is supply restricted, increasing the demand only makes it worse. What we need is a serious building spree.
But UBI of a fraction of that, that would probably get better results, is somehow a bad use of money?
It’s two different problems. UBI helps with poverty, and a lot of other social spending. Give everyone enough money for rent and tomorrow the price of rent is higher than what you’re giving them. Housing is supply restricted, increasing the demand only makes it worse. What we need is a serious building spree.