Denver experimented with giving people $1,000 a month. It reduced homelessness and increased full-time employment, a study found.
www.businessinsider.com
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.
  • t�m
    5•2 years ago

    I wonder if rent would go up if ubi became a thing

    • @trailing9@lemmy.ml
      10•2 years ago

      That depends on the housing market. If you have a surplus in housing, rent will remain stable because tenants will move if their landlord increases rent.

      If you have a deficit in housing and more people look for a place to stay than there are available places, then tenants cannot move. Landlords and other businesses in deficit markets like healthcare will take all additional income.