Reply to post: Re: Housing problem

Universal basic income is a great idea, which is also why it won't happen

Zakhar

Re: Housing problem

You have not understood what UBI is then!

U = Universal. Means that whether you work or not, you have it. Doing otherwise is just what the state or private insurance pays for unemployment. It does already exist and is not UBI.

Obviously, if you decide you are prefer not working, you won't be able to live in the center of big cities on UBI only. So there won't be any housing issue, or it could marginally push up some prices in remote locations that no ones fancies.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Biting the hand that feeds IT © 1998–2019