They are saying you are wrong because there are other things in the market besides housing. If you inverse your logic it means lowering wages provides cheaper rent. And that just sounds ludicrous.
>They are saying you are wrong because there are other things in the market besides housing
They said nothing like that; that might be what you think, and I'd be glad to address that, but it doesn't help the discussion when you invent arguments that were never made and expect me to have already answered them.
Real estate, unlike cars or food, can't be brought on the market to rapidly respond to demand, and people don't keep raising bids to the point where they leave a certain amount of slack in their budget.
There are ways to get around this (like with faster building and scaling up of transportation infra) but it would need to be address before throwing on a UBI, which was my point.
>If you inverse your logic it means lowering wages provides cheaper rent.
