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snooggums@midwest.social 6 months agoDo people understand that rent and other necessity prices are skyrocketing right now without income increasing? They are not intertwined in the way the myth of raising rent to match UBI is presented.
Literati@lemmy.world 6 months ago
Rents are skyrocketing because demand is high and we literally do not have enough housing for the number of people we have in the places they live.
Suddenly dumping more money into the economy would just increase the price bar on that demand, and prices would go up more.
Prices can increase for a lot of reasons, and going up from one doesn’t stop them from going up from another.