Exactly. What’s to keep the sellers from just jacking everything up?
College was expensive, but affordable, until the government made it easier to get student loans. Colleges responded by wildly jacking up their prices, and now you literally have to voluntarily take on a lifetime of debt to get a college degree for a job that probably won’t cover the cost of your loan. And what did the government do? They went right along with it, and demand repayment before anything else.
They recently started a benefit program with Medicare that gives you some money each month to buy health related items in drugstores and such, and they responded by jacking up the prices in Walgreens and CVS.
I’m all for UBI as well, but it has to comes with price controls so the corporate parasites don’t just take it all. UBI Gouging has to be a harshly enforced crime.
What we need is to jail people who do exploitive shit like this. Just like any other harmful acticity we jail people for.
Or maybe jusr, OP’s 50% tax deal ramps up the more acxumulated wealth and property you have. Tonstrongly discourage that practice. Like sure, you exploited your rent holdings and you are a ten millionaire. But now we are taxing you at 100% so we can bump people’s UBI subsidy up enough to account for your exploitation.
We can’t jail them without a law that makes it illegal.
And if we introduce rent control, we need to replace it with other incentives to build new apartment buildings. Ideally ones that create a slight oversupply of housing. Otherwise, in a decade or so, you get cheap rent but tons of homeless people because the supply is insufficient.
Building apartments currently cost about a quarter million per unit. Plus interest on the mortgage. Most potential landlords don’t just have millions in liquid funds.
Nobody will be taking out loans like that if they
won’t even earn their investment back if everything goes to plan.
Exactly. What’s to keep the sellers from just jacking everything up?
College was expensive, but affordable, until the government made it easier to get student loans. Colleges responded by wildly jacking up their prices, and now you literally have to voluntarily take on a lifetime of debt to get a college degree for a job that probably won’t cover the cost of your loan. And what did the government do? They went right along with it, and demand repayment before anything else.
They recently started a benefit program with Medicare that gives you some money each month to buy health related items in drugstores and such, and they responded by jacking up the prices in Walgreens and CVS.
I’m all for UBI as well, but it has to comes with price controls so the corporate parasites don’t just take it all. UBI Gouging has to be a harshly enforced crime.
What we need is to jail people who do exploitive shit like this. Just like any other harmful acticity we jail people for.
Or maybe jusr, OP’s 50% tax deal ramps up the more acxumulated wealth and property you have. Tonstrongly discourage that practice. Like sure, you exploited your rent holdings and you are a ten millionaire. But now we are taxing you at 100% so we can bump people’s UBI subsidy up enough to account for your exploitation.
Good job, you accomplished nothing in the end.
We can’t jail them without a law that makes it illegal.
And if we introduce rent control, we need to replace it with other incentives to build new apartment buildings. Ideally ones that create a slight oversupply of housing. Otherwise, in a decade or so, you get cheap rent but tons of homeless people because the supply is insufficient.
The incentive is that its what is good for society and good for everyone. The ince tive is doing good. Because people need places to live.
Needs of the many vs needs of the few and all that.
Laws can be made. Laws are all made in the first place.
Building apartments currently cost about a quarter million per unit. Plus interest on the mortgage. Most potential landlords don’t just have millions in liquid funds.
Nobody will be taking out loans like that if they won’t even earn their investment back if everything goes to plan.
well that’s a uniquely us problem which doesn’t really apply to the rest of the world.
I don’t doubt that. In America, our government encourages the Sociopathic Oligarchs to exploit us. That’s why they love it so much here.