Look, people had more relative income before, and rent is too high now. If UBI gives people more income now, rent will be too high later. There need to be rent caps. UBI alone doesn't fix the fundamental problem.

I mean, at best you're saying that laissez-faire competition will make rent caps unnecessary, to which I say great! Let's add them anyway. No one will ever set rent as high as the cap, so there should be no problem.

[–] humanspiral@lemmy.ca 1 points 7 hours ago

I don’t want people to make a lot of money off of housing

Corruption of housing market already exists. Home owners want scarce housing. You start by saying you are angry/fearful that landlords will raise rents, and the market solution to that is more landlords.

UBI/unconditional cash gives you and everyone else more options. Definition of freedom. You get get into the housing industry with the goal of making housing much more affordable for everyone else while just making less money than the market could give you. Everyone gets to make more money from work, if they want work, and afford the housing they aspire to. UBI permits more home ownership options with less risky/cheaper mortgages.

rent caps

rent control which is maximum yearly increases are still a good thing. Rent caps are not because you're/should be allowed to rent 10000 square feet, and then allowed to subdivide that to sublet to 100 people if that is path you want.