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Did they collude to raise rents 10% this year?

People will bid up apartments because they have more money.



Ya, isn’t that what supply not keeping up with demand (in the form of money that can be applied to said demand). Everyone can’t afford to rent an apartment f there isn’t enough apartments to rent. People will use their buying power to prevent being the ones left without, while landlords will benefit from bidding wars by being able to raise prices. That works in Seattle or austin even if it doesn’t work in Detroit or Shreveport.


Good point. Inflation will make UBI kind of pointless.


Not if it is indexed to inflation...eventually a steady state will be reached.




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