Its a valid argument but discounted when the general public has a high enough financial literacy to budget for “unexpected” expected expenses it’s not really unexpected when you’re 25 year old roof leaks or your 10 year old water heater fails.

The idea that rental property is historically a safe investment is the mentality that reinforces the speculative inflationary cycle that real estate is experiencing. Housing as an investment instead of a basic right is a failure capitalism has burdened us with in the sense we can’t correct it properly without ruining the equity of every homeowner unwittingly complicit in ownership.

It’s true supply and demand cause inflationary pressure on property but it doesn’t include perspective on what drives the demand. Huge influxes of immigration to fill gaps in the labour market primarily exploited by companies offering minimum wage creating a class of workers doomed to be reliant on the rental market or pool resources to purchase a property… the amount of homes I see with multiple families or extended family or rooms rented in these communities is a whole different can of worms but that’s the point of the universal income rant it sounds good in a vacuum but there are too many variables that it doesn’t account for

When you look at housing as a cash flow expenditure that most people pay in perpetuity the only defining factor being who’s name is on the mortgage the whole thing is criminal lol

I understand the principle behind the concept but believe it lacks depth and is a bandaid for a systemic problem. If you’re struggling to make ends meet there’s been a failure giving you more money isn’t going to solve.

You’re 100% right the cost of living is far to broad to make assumptions about which areas it would impact at scale but the net idea of you increase monetary supply and capitalism does what it does best.

It sounds good in a vacuum but when you take a step back and think about it in aggregate at national scale with monopolistic national supply chains that are poorly regulated I might add see fixing the price of bread 😂 it’s going to be something we can pat ourselves on the back for but is a big nothing burger :(

Thank you for your comment. I’m confident a towns economic capacity is of no consequence to the interconnected nature of national economics unfortunately. But am also woefully ignorant lol

Hi friends I didn’t actually click the link so my skepticism may be unfounded. But I have a few concerns open to criticism or validation lol

In a primarily private sector “market” supply chain etc does basic income not just put downward pressure on wages in the form of a pseudo business subsidy ick.

Or if everyone has the same level of income before labour income **without pricing control **we end up just raising the floor on the cost of living? Sure there are long tails where only nice to have things get more expensive but in aggregate.

I’m 100% for wealth redistribution and believe heavily in public goods so please don’t at me as a capitalist pig 🐽. Maybe I’m missing the mark but adding more money into our under served areas of society without thoughtful discussion about financial literacy and about where that money inevitability ends up we’ve already lost the plot on the program lol

Thank you if you made it to the end of my poorly punctuated run on mess ❤️

Hi Mari

Congratulations on graduating soon! I’m also sorry for your loss I know loosing my grand father was tough and I can only imagine the wedge his will has created between you and your family.

We’re not well equipped to make decisions of that magnitude at 18 and many of us don’t develop the skills to make them later in life 😅

How you really doing?

DMs are always open if you have any questions you’d rather bounce of a stranger :)

Thank you for the thoughtful response. It clearly draws the path of compulsive behaviours and its certainly true what is perceived as good or bad is a moving target based on societal norms and we’re more often faced with the illusion of agency rather than true power over our actions.

If you’re interested in challenging your view I’d invite you to look into psychology revolving around recovering addicts. There is some very interesting information there. More often than not it the self reinforcing pathways that que cravings never go away but buy making changes to some of the areas you mentioned that compel the neurons to fire ie their “environment” they’re able to manipulate their physical behaviour to ones that better align with their sense of self.

Agreed the bag of worms we’re wading into is a challenging one but we must acknowledge that individuals can have competing motivations that trace down to the biological functions that reinforce them. Which ones win out can be manipulated by internal and external influences.

Thank you for indulging me it’s fun to RP as someone who could participate in philosophical discussion

The LLM out here tryna parse morality lol love your user name.

Wack of me to comment here but I’d like to hear more about your logic for the perpetual passing of accountability! It’s true enough that our lived experience is basically dependency hell. I guess for chiming in I owe you my “source of good” haha it changes the further you zoom out but it starts at collective harm reduction and burrows all the way down to showing up for the people you care about.

Even when they lack the perspective to see themselves as the perpetrator. We roll that boulder up the hill lol

Thank you for these posts! Regrettably my laymen self got lost in the weeds trying to recreate the set up through a different distribution hahah but I’ve learned lots along the way :)