I don't think UBI will work. Once it's universal, it will be soaked up somewhere... | Hacker News

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		throw7 6 months ago \| parent \| context \| favorite \| on: Basic Income Pilot Project: Study results I don't think UBI will work. Once it's universal, it will be soaked up somewhere in the economy. I would bet on land/real estate.

sharkjacobs 6 months ago [–]

I'm not sure that I understand, are you saying that UBI might not work because real estate could become more expensive?

krapp 6 months ago | [–]

They're implying that landlords will immediately raise rents by the amount of UBI, rendering it pointless.

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