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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[–] TonyTonyChopper@mander.xyz 2 points 10 months ago (1 children)

Construction is already too expensive

[–] intensely_human@lemm.ee -3 points 10 months ago (1 children)

Okay. So you're onto something with there being money involved in the decision. Right.

And so when owning a building becomes more profitable, what happens to construction? Construction that is already too expensive.

Expensive is costs too much money ... right? Anyone? High construction cost, then there's an increasing in the net present value of an apartment building ...

Anybody see where I'm going with this? Yes, you in the back there

[–] TonyTonyChopper@mander.xyz 1 points 10 months ago (1 children)

Landlord just pockets the money obviously

[–] intensely_human@lemm.ee 0 points 10 months ago (1 children)

Right. Yes. That’s a good answer because when you pay rent the landlord does indeed get the money.

I was asking more about what happens to building construction. Anyone?

[–] TonyTonyChopper@mander.xyz 1 points 10 months ago (1 children)

Nothing happens. There are loads of zoning laws that make it effectively impossible to build in most areas these days anyway

[–] intensely_human@lemm.ee 1 points 10 months ago (1 children)

Yeah so I guess if you introduce UBI to a complete lack of free market, to a place where new construction is illegal, then it won’t help. Unless there are vacant homes around, in which case there are still some market forces at work and it will help.