uppitywetback

Thanks for the AMA. While I've heard several strategies to prevent UBI from just pumping inflation into consumer goods, I still have never heard how it would be possible to prevent it from just all rolling into real estate. I think it would be fairly catastrophic for the large majority of the UBI funds to merely accumulate in land owners' hands. Beyond the economic consequences, that much money going into real estate could set the stage for an English Revolution. Thoughts?

Because, theory of large numbers, there would be many people in the same boat. Real estate is not expanding appreciably (plate tectonics, settled spherical planet and all...) It is rational to expect that a non-trivial number of those with additional $3k would try to improve their living location. This would set of a seller's market, and overall rents would rise.