this post was submitted on 09 Jan 2024
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Showerthoughts

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A "Showerthought" is a simple term used to describe the thoughts that pop into your head while you're doing everyday things like taking a shower, driving, or just daydreaming. The most popular seem to be lighthearted, clever little truths, hidden in daily life.

Here are some examples to inspire your own showerthoughts: 1

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When talking to people who dislike UBI about UBI, they'll often say both that 'people need a purpose in life' and that 'nobody will work if they get free money'. (lemm.ee)
submitted 1 year ago by [email protected] to c/showerthoughts
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Those seem incompatible to me.

(UBI means Universal Basic Income, giving everyone a basic income, for free)

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[–] [email protected] 1 points 1 year ago (1 children)

And when landlords hike the rents, what do you think will happen to the rate of new housing construction?

[–] [email protected] 2 points 1 year ago (1 children)

Construction is already too expensive

[–] [email protected] -3 points 1 year ago (1 children)

Okay. So you're onto something with there being money involved in the decision. Right.

And so when owning a building becomes more profitable, what happens to construction? Construction that is already too expensive.

Expensive is costs too much money ... right? Anyone? High construction cost, then there's an increasing in the net present value of an apartment building ...

Anybody see where I'm going with this? Yes, you in the back there

[–] [email protected] 1 points 1 year ago (1 children)

Landlord just pockets the money obviously

[–] [email protected] 0 points 1 year ago (1 children)

Right. Yes. That’s a good answer because when you pay rent the landlord does indeed get the money.

I was asking more about what happens to building construction. Anyone?

[–] [email protected] 1 points 1 year ago (1 children)

Nothing happens. There are loads of zoning laws that make it effectively impossible to build in most areas these days anyway

[–] [email protected] 1 points 1 year ago (1 children)

Yeah so I guess if you introduce UBI to a complete lack of free market, to a place where new construction is illegal, then it won’t help. Unless there are vacant homes around, in which case there are still some market forces at work and it will help.