> In an era where working a full time job is not enough to pay the cost of living, arts and culture no longer exist except as hobbies for rich kids.
In Ireland _today_, we are in an era where working as a nurse, paramedic, firefighter, teacher, etc have become unable to pay the cost of living, leaving them to exist only as hobbies for the rich kids who can be subsidised by their parents or immigrant labour willing to be exploited to avoid deportation.
Is health not wealth? Education? Safety? Or does only the arts deserve this subsidisation?
The problem with a UBI is not the UBI itself, but the fact that landlords could just raise their price.
You need to solve the contradiction within the economy in order to make UBI works.
The current way our taxation policy work is to tax labor and capital, which is the basis of our economy, while flinching away from taxing land, which derives much of its value from the surrounding economic activity rather than an owner's effort.
By the way, the UBI is an old idea. In the 19th century, it was known as the Citizen's Dividend.
That's because, in the places where housing is expensive, it's expensive because a _LOT_ of people want to live there. It's a pipe dream that you can out build demand in these places. Reducing prices of housing in nice places to live (by any means, including building) will only result in more demand up until that insatiable demand is satisfied.
Nice places to live can't support all the people that want to live there.
Because demand is, for all intents and purposes, insatiable, the dollar value of housing/property isn't based on supply and demand because supply can't practically be increased to affect demand. Instead, the price is related to what a prospective buyer can afford to pay _every month_ and, thus, is related to interest rates. Interest rates go down, prices go up to the point where a prospective buyer's mortgage payment would be the same.
People who bring up the (un)affordability of housing are never talking about Oklahoma, they're talking about the Bay Area, Southern California, New York City, Seattle, Portland, etc. All places that are so desirable, they can't practically support everyone that wants to live there.
> it's expensive because a _LOT_ of people want to live there.
I can't figure out how to make the math make sense even if I were to build a house in the middle of nowhere. Time and materials is the real killer.
Some day, when AI eliminates software development as a career, maybe you will be able to hire those people to build you houses for next to nothing, but right now I don't think it matters where or how many you build. The only way the average Joe is going to be able to afford one — at least until population decline fixes the problem naturally — is for someone else to take a huge loss on construction. And, well, who is going to line up to do that?
> What part of your idea was supposed to stop that happening
The part where people see their money burning away paying maintenance and tax on deteriorating assets.
Why are people holding assets unused?
Because they don't believe that the city will allow sufficient development to allow them to purchase like-assets in the future if they chose to reinvest and the carrying cost is minimal because council taxes are trivial relative to the value of the asset. If my research is correct, Kensington council taxes are under 10k USD per year.
Ireland’s affordability problems are almost exclusively centered around its housing crisis and they need to just commit themselves to over-supply induced wealth destruction for the landlord class and older generations. Thankfully, there demographics also support such a move.
Baby steps. Everyone deserves it, but getting there in one step is politically impossible almost everywhere in the world. Nobody’s saying only the arts deserve subsidies. It’s just easier to justify. But if we want everyone to have basic income, we need to applaud whenever it happens, even if it’s a small subset, and argue they deserve it and that we should have more of it. Complaining about the unfairness of artists being subsidized demonstrates and adds to the political difficultly. If we accept that it’s unfair for a subset, then we might never get basic income since the rich don’t need it and many don’t want it.
Good question. The public consultation was 97% in favour, although half the respondents were receiving the pilot payment at the time.
Following the announcement of Budget 2026 last October, I think this expenditure came into sharp focus, as the budget was considered to be almost hostile to workers and families, and anecdotally I think it has become more controversial since.
In Ireland _today_, we are in an era where working as a nurse, paramedic, firefighter, teacher, etc have become unable to pay the cost of living, leaving them to exist only as hobbies for the rich kids who can be subsidised by their parents or immigrant labour willing to be exploited to avoid deportation.
Is health not wealth? Education? Safety? Or does only the arts deserve this subsidisation?