The same can be said of your positive claims for UBI. There’s no evidence for anything on the macro scale for UBI since it’s never been done on a societal scale. The best we can do is theorize based off economic principles, which is what I was doing.
If you think my theory or reasoning is wrong show it.
SS is not universal though, it effects a specific group. People on SS tend to be unemployed / underemployed. Yes if you compare home prices of a community with a high percentage of SS to the whole country home prices will be less. But that’s an unfair comparison, you have to compare them to a community with a similar pre-SS income level. So say the SS community average income without SS is $20,000 from pensions, 401k etc. if you compare that community with another with low to no SS with average income of $20,000 then the SS community will have higher home values.
Also people on SS tend to be the only ones in the US not trying to upgrade their housing, if anything they may be trying to downsize. So they aren’t trying to use their money to outbid someone else to go up the housing hierarchy. They also tend not to be renters so they don’t have to outbid someone else to keep their current housing.
There is no evidence of this
The same can be said of your positive claims for UBI. There’s no evidence for anything on the macro scale for UBI since it’s never been done on a societal scale. The best we can do is theorize based off economic principles, which is what I was doing.
If you think my theory or reasoning is wrong show it.
Social Security is UBI on a societal scale. And there is, if anything, a negative correlation between resident on SS and home resale value.
SS is not universal though, it effects a specific group. People on SS tend to be unemployed / underemployed. Yes if you compare home prices of a community with a high percentage of SS to the whole country home prices will be less. But that’s an unfair comparison, you have to compare them to a community with a similar pre-SS income level. So say the SS community average income without SS is $20,000 from pensions, 401k etc. if you compare that community with another with low to no SS with average income of $20,000 then the SS community will have higher home values.
Also people on SS tend to be the only ones in the US not trying to upgrade their housing, if anything they may be trying to downsize. So they aren’t trying to use their money to outbid someone else to go up the housing hierarchy. They also tend not to be renters so they don’t have to outbid someone else to keep their current housing.