this post was submitted on 09 Jan 2024
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Showerthoughts

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When talking to people who dislike UBI about UBI, they'll often say both that 'people need a purpose in life' and that 'nobody will work if they get free money'. (lemm.ee)
submitted 10 months ago by JackGreenEarth@lemm.ee to c/showerthoughts@lemmy.world
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Those seem incompatible to me.

(UBI means Universal Basic Income, giving everyone a basic income, for free)

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[–] Philippe23@lemmy.ca 3 points 10 months ago (1 children)

https://www.wsj.com/real-estate/commercial/thanks-to-big-data-landlords-know-how-to-squeeze-the-most-out-of-renters-eb7e5f02

https://www.housingwire.com/articles/yardis-rent-setting-software-illegally-drove-rent-prices-up-for-millions-of-renters-lawsuit/

[–] chicken@lemmy.dbzer0.com 2 points 10 months ago* (last edited 10 months ago)

the use of this software prevented landlords from courting would-be renters through the use of different discounts, said the lawsuit. For instance, landlords sometimes offer move-in deals or compete on prices but the use of Yardi’s algorithmic pricing tool disrupted that practice, claimed the attorneys ...

Overall, the rate of rent growth has fallen back toward historical norms after nearly two years of historically high growth.

Like I mentioned in another comment, I can see how this kind of thing could make some difference in pricing by avoiding giving renters deals that wouldn't have actually been necessary to secure a lease. That's very far from being evidence that supply and demand doesn't even apply and the market price is dictated by fiat, which is an absurd conspiracy theory that doesn't follow at all from any of the articles being linked.