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When talking to people who dislike UBI about UBI, they'll often say both that 'people need a purpose in life' and that 'nobody will work if they get free money'.

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JackGreenEarth@lemm.ee
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showerthoughts@lemmy.world
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Those seem incompatible to me.

(UBI means Universal Basic Income, giving everyone a basic income, for free)

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TopRamenBinLaden@sh.itjust.works
10 points

Cartel is the word you are probably looking for. Cartels are when an association of different suppliers collude to restrict competition and keep prices high.

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orrk@lemmy.world
3 points

it’s only really a cartel if they get together and make these plans, in reality none of these landlords are stupid, they will just adjust their demands to the upper region of what people feel acceptable, this slowly moves the “acceptability window” up, all without anyone needing to conspire with anyone else

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intensely_human@lemm.ee
2 points

Right, so this is market pricing at work. In order to fix this problem, we need to relax the suppression of new construction.

Even if we don’t, however, if rents increase it will increase construction of new housing.

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