Universal Basic Income, Rental Affordability Crisis

Tim Woodruff, richmond, victoria, Aug 16, 2024

I’ve been a keen advocate of UBI for years (https://johnmenadue.com/tim-woodruff-basic-income-guarantee-this-is-a-health-issue/) and am delighted to see it being pursued.

Clearly the tax system requires adjusting to implement this policy.

The other area that is of concern is the possibility that in the current rental and housing affordability crisis, the only people who will benefit will be the homeless, who will be able to enter rentals at the bottom of the market, and the landlords, who will increase rent because they can.

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