The bottom of the market is exactly where those depending on basic income reside... | Hacker News

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PKop on May 26, 2017 | parent | context | favorite | on: Mark Zuckerberg Calls for a Universal Basic Income

The bottom of the market is exactly where those depending on basic income reside.

A "move towards cheaper housing" by others would be competing against basic income dependents within this market segment.

This is what I meant by within some defined boundary. Here, its the lower end housing market.

maxerickson on May 26, 2017 [–]

Right, but it wouldn't happen in a geographically constrained area and location is the factor that really drives crazy housing prices.

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