How do you raise groceries by $100? It would be like saying you raise clothes by $100. What clothes? What groceries?

by Anonymous 2 years ago

That's not how economics works. Landlords and grocers don't raise prices just because their customers have more money so they can, because they are not a monopoly/cartel. If they *are* a monopoly/cartel, then that's the problem to solve first before talking about ubi. But right now, they aren't. So if a landlord raises the rent by $300, their tenants can simply move somewhere else where the rent hasn't increased. As they hemmorage tenants from having obscenely high prices, the landlord will be forced to drop their price to a more reasonable level.

by Anonymous 2 years ago

If a landlord increasing the rent would mean that you would leave and the property would be empty, then most properties you could move into would be properties where the landlord has increased the price and that's why they are available. If you now have extra money because of UBI then you would settle for the best option even if it's more money than you would want to be paying, because you NEED somewhere to live.

by Anonymous 2 years ago

That's not how this works. That's not how any of this works. Only in a very few situations does a specific buyer's ability to pay affect the selling price. Almost always, it is the demand of the market as a whole. If you get a raise, your landlord won't raise your rent — if only because he probably won't know. If everybody who wants to live in your apartment gets a raise, they will offer more money to your landlord, and he will want to raise your rent.

by Anonymous 2 years ago