The alternative result could be construction in very cheap housing given the predictable price floor for 100% of the population. If you can be sure your tenants will pay rent then you will want them at your building. The low-medium quality housing stock may suffer as the people on minimum income could be priced out while those who work may want fancier digs.
> If you can be sure your tenants will pay rent then you will want them at your building.
And this would be true, if the basic income program provided a way for your landlord to receive your basic income on your behalf, garnish it, and turn it over to you. I've never heard that proposed, and don't expect to.
I never suggested anything like this. What I meant to illustrate was a condition where a landlord could predict the amount of rent they could charge given the cost of living and expected minimum income. If a tenant was getting minimum income and wasting it on booze and such and came up short for rent, you could kick them out, knowing that a more responsible tenant could fill the space (unless you have like 0% vacancy)
