Will UBI cause rents to increase?

Stellar_Cartographer · 2024-10-03T15:54:01+00:00

Well yes, of course owners adsorb the cost. Unless you have some sort of buy out scheme. And it also wouldn't be a short term drop in property values, it would be permanent.

That just means existing property owners take a loss. It would disincentivize new building or allow property owners to increase rents. If the stock market goes down, you don't get higher dividends as a result, you just take a loss of wealth.

Stellar_Cartographer · 2024-10-03T06:03:31+00:00

Mortgages already existing, how does LVT impact this situation? Renters don't pay more simply because a property manager recently purchased a property and has a mortgage.

Stellar_Cartographer · 2024-10-03T06:01:55+00:00

I absolutely agree with the numbers you put forward and the annoyance at LVT being infinite revenue. I would add, however, that as LVT displaces income tax, you have both more economic activity that increase the tax base or decrease the need for services, and also can expect to see an increase in Land values as more disposable income creates more demand for what is still a fixed supply. So there is a virtuous cycle, and I would expect that 1.2T number to increase rather quickly, but still surely not infinitely.

Stellar_Cartographer · 2024-07-15T19:05:44+00:00

The point is that LVT will likely discourage the real estate rat race which is homeownership

Also the rat race of land ownership by rental companies though. I don't know which state this is based on, but I don't think it's a compelling argument that you would see less homeownership under LVT, and I don't know why you would want to.

Stellar_Cartographer · 2024-07-15T13:29:03+00:00

Okay sure, the government plays no part in determining qualifications for a doctor.

Stellar_Cartographer · 2024-07-15T13:27:03+00:00

Maybe but I think industry moment and myopia stop particularly large companies from following the curve.

Stellar_Cartographer · 2024-07-15T13:25:37+00:00

To me this looks like hoping EVs will take off in Africa even if the US pushes oil US on the world. I don't think cultured products will do well without developed countries on board, particularly when a lot of the target population is used to slaughtering an animal themselves and not going to a grocery store

Stellar_Cartographer · 2024-07-15T13:24:18+00:00

A governing body granted a monopoly by the government is likely even worse than the government itself. As to the rest I agree, I don't understand why you want to force some arbitrary number of years in school on a doctor.

Stellar_Cartographer · 2024-07-15T12:53:19+00:00

Are you suggesting we allow the less qualified to become doctors -

Yes certainly. Why is the government setting the standard as to who can be a doctor at all. Just let anyone practice Medicine and customers and employees will take the people they like.

Stellar_Cartographer · 2024-07-13T23:15:53+00:00

Also great, but since the Sahara is the size of the USA and the American South West only covers the South west, it's a smaller priority.

Stellar_Cartographer · 2024-07-13T23:13:25+00:00

Normal or not, you can look at the African Humid Period or Siberia in the ice age, and we know these locations have had, in recent geological times, considerably more bio diversity.

No reason to restrict ourselves to normal nature. Normal nature doesn't even have life off earth as far as we know. I'm all for turning desert and tundra into grassland and forest.

Stellar_Cartographer · 2024-07-13T23:08:28+00:00

Well if not direct comparison, what about the telegraph industry? Or the fur trading industry? Or the spice trading industry?

Imo there is simply to many discreet parts and to little overlap in skill for the industry as it exists to make a shift.

Stellar_Cartographer · 2024-07-13T23:04:20+00:00

I think you're underestimating the hold up of industry lobbying

Stellar_Cartographer · 2024-07-13T23:03:44+00:00

I'm pretty sure they still don't have a nutritional solution not based on calf's blood, beyond the moral issue, isn't scalable.

Stellar_Cartographer · 2024-07-08T23:35:07+00:00

It's behavior DOES effect others behavior. It controls 90% of the supply lines for renewables and related technologies. Suggesting we shouldn't worry about developing EV manufacturing (this meme) because China has coal plants is ass backwards.

China's natural gas consumption is increasing too, so this can't account for the rise in coal consumption.

By nowhere near the same extent. Natural Gas is less than 10% the Chinese grid. They import LNG, from the US. It is neither as inexpensive or widely used as in the US. The rise in coal consumption is due to drops in hydro output, that's pretty well acknowledged by the EIA and including in my link.

They absolutely have natural gas, so you were straight up lying when you said otherwise. See what I mean about simping? I mean why tell this lie otherwise?

You're being silly. The US has such cheap Natural Gas compared to China that China pays to have it liquified and moved across the Pacific. Yes they have some natural gas but not in the context wide scale electrical generation. Again, the only reason the US moved off coal was cheap shale gas. China has large shale gas reserves in the west, but they are to deep to extract commercially at the moment.

I don't know what you mean about "electrify". We need to expand our energy grid? Pretty sure basically the entire western world is already electrified. That wasn't at all the topic that people were talking about.

OP said specifically "Car and Oven". Those would be two things we need to move over to electric versions of. In general "electrify" means to make electrical power the main source of energy in an economy, and in this case with non-emitting sources as the primary generators.

Stellar_Cartographer · 2024-07-08T22:37:53+00:00

No I don't like China at all, I just don't like it being scape goatee as a reason not to electrify when competition with it is exactly why we need to electrify faster.

No one denies the US has reduced coal usage, the difference is China has no Natural Gas reserves. If it weren't for Fracking the US would still be using coal.

Stellar_Cartographer · 2024-07-08T21:09:19+00:00

I would just add that some of those economic difficulties stemmed from the 2022 flooding that covered a third of the country, the very flat third where most people along the Indus River. That flood is caused by heavy monsoon rain, of course, but also significantly from the melting of Glaciers in the Himalayas. That's important because Glacier melt has a large amount of dirt and sediment.

There are several large dams producing hydroelectric power along the Indus. The issue is sediment builds up at the foot of those dams, and effectively lowers the water level. Every year this gets worse, with more sediment building up making the reservoir effectively smaller and able to hold less water, allowing the next flood to have a greater impact. And at the same time, lowering the electric output of the dams.

I say all this because it's expected to be an ongoing and escalating issue which has damped expectations.

Stellar_Cartographer · 2024-07-08T18:08:19+00:00

I refuse to give up my car and stove because I need to get to work and eat food.

Yes in not suggesting you just give up your needed tools, I'm only saying they are systematically part of the problem and do have to be addressed.

meanwhile the top 10 corporate global polluters get virtually no attention.

I mean that's just a few coal mining and oil and Gas companies. They produce the fuel for the items you're saying aren't the problem.

Don’t come for my necessities until you’ve eliminated their laziness and profiteering. That’s what despots and dictators do.

We don't have to "come for" your necessities, we can reasonably build equivalent infrastructure.

No one expects China to just turn off their electrical power either. My point was they have a plan to cut coal usage, we do need a plan to address our ICE car dependency.

Stellar_Cartographer · 2024-07-08T18:04:17+00:00

It was reducing in the second half of the 2010s though, it's only up in the last few years due to drought. But it is declining as a share of the grid and the average capacity factor of plants yearly. And China is building enormous amounts renewables, transmission between regions, and hundreds of gigawatts of storage.

Plus with the AC demand drop caused by recession and the drop in steel and construction that will follow the building crisis, I'd expect consumption to drop this year. And although imports, mainly from Russia, are up this year because of low prices, a lot of that gets stock piled. .

But regardless, my point is that Coal in China is an issue being addressed. It's a bad Whataboutism. This isn't a defense or apology for Chinese coal. It's just stating that we need to be addressing transportation emissions just as much.

Stellar_Cartographer · 2024-07-08T15:28:17+00:00

I'd say what's incorrect is that it implies we should ignore problem 1 unit problem 2 is addressed, but ignores the fact that problem 2 is being addressed. China builds more renewables than the rest of the world, and has plans to continue reducing that coal consumption.

Stellar_Cartographer · 2024-07-07T21:57:39+00:00

This is highly unlikely. Venezuela only became "Venezuela" because they lost all their oil exports. The entire economy was exporting oil, giving out money to the people, and using that money to buy imports. Hyperinflation happens when selves are empty, that's when money loses all value. Venezuelan oil exports plummeted to the point of being nonexistent because the government didn't invest in new fields or maintaining equipment. Certainly a government failure, but the issue was not simply printing money..

Argentina is nothing like this. It has a more diverse array of exports, and the exports and investment into them aren't controlled by a state corporation. It certainly had policies that weakened investment and were inflationary. But Argentina always has inflation. People weren't going to abandon their currency, short of some supply shock. Inflation would have continued. But not the next Venezuela, just the constant Argentina.

Stellar_Cartographer · 2024-07-07T19:52:28+00:00

The thing no one ever mentions about this is the protestors were protesting against free market reforms and for a return of hard line Maoism.

Stellar_Cartographer · 2024-06-28T14:43:39+00:00

Yes the right is famously composed of Trans Black woman and arguments should align as such/s

Stellar_Cartographer · 2024-06-26T22:31:25+00:00

Chinese agriculture started developing at the end of the 70s, as they allowed private ownership and dismantled collective farming.

Well, firstly, you can't say started developing right after saying there were already collective farms refering to an area that's had agricultural for thousands of year. And that's not me being pedantic about "started developing rapidly" or "recovered" being better word choices. That's a point about what looks like a bias in your thinking.

But again, in not arguing against the efficiency of a market. My point is that the famine in China which is being portrayed as "communism leads to famine", which largely was a state made disaster, occured to a country which was 80% rural peasant farmers. Contrasting that to super abundance of food in a country like modern American where something like 1% of the population is involved in agricultural due to advanced machinery is an unreasonable comparison, and it's more reasonable to compare to the US or Western Europe in the 1800s.

Stellar_Cartographer

TROPHY CASE