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this post was submitted on 16 Oct 2023
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I'm so glad people are starting to see this.
In 2008 there was a first time home buyer credit announced, and suddenly overnight every house on the market went up by about 10 grand.
The market is only a measure of how much wealth can be squeezed out of the working class, and the market always goes up. If UBI became a thing, suddenly everyone has another 2 grand to spend, and everyone will want their cut.
Those prices were going to go up anyway. They've been doing so for years before and after that credit.
They raise prices knowing we aren't making any more money, now imagine what they'll do when they know everyone has a lot of extra money to spend?