Universal Basic Income Fixes the Housing Marketmedium.com 4 pointsSuncho7 years ago2 commentsSaveHideCopy link On HNComments−ohiovr7yLow morgage rates has the effect of pushing up asset prices and rent has to cover those costs.−SunchoOP7yYes. I don't mention this in the article, but UBI also allows the Fed to raise interest rates. We'll see mortgage rates increase if we get a high enough UBI.
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Low morgage rates has the effect of pushing up asset prices and rent has to cover those costs.
Yes. I don't mention this in the article, but UBI also allows the Fed to raise interest rates. We'll see mortgage rates increase if we get a high enough UBI.