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.
Kind of a weird argument, isn’t it? If we did the opposite instead, it’s not as if you’d expect rents to fall – on the contrary, rent would go up in response to the added financial burden on landlords. Setting that hypothetical aside, wouldn’t a generalized inflation of rents be an acceptable tradeoff for reducing homelessness and untethering the 50+% of young adults who still live with their parents to move and work in more economically efficient environments?
Kind of a weird argument, isn’t it? If we did the opposite instead, it’s not as if you’d expect rents to fall – on the contrary, rent would go up in response to the added financial burden on landlords. Setting that hypothetical aside, wouldn’t a generalized inflation of rents be an acceptable tradeoff for reducing homelessness and untethering the 50+% of young adults who still live with their parents to move and work in more economically efficient environments?