• Wogi@lemmy.world
    cake
    link
    fedilink
    English
    arrow-up
    2
    arrow-down
    3
    ·
    9 months ago

    I’m so glad people are starting to see this.

    In 2008 there was a first time home buyer credit announced, and suddenly overnight every house on the market went up by about 10 grand.

    The market is only a measure of how much wealth can be squeezed out of the working class, and the market always goes up. If UBI became a thing, suddenly everyone has another 2 grand to spend, and everyone will want their cut.

    • bookmeat@lemm.ee
      link
      fedilink
      English
      arrow-up
      3
      ·
      9 months ago

      Those prices were going to go up anyway. They’ve been doing so for years before and after that credit.

      • Wogi@lemmy.world
        cake
        link
        fedilink
        English
        arrow-up
        1
        arrow-down
        2
        ·
        9 months ago

        They raise prices knowing we aren’t making any more money, now imagine what they’ll do when they know everyone has a lot of extra money to spend?