Those seem incompatible to me.

(UBI means Universal Basic Income, giving everyone a basic income, for free)

  • kyle@lemm.ee
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    10 months ago

    It depends on local regulations. There’s no federal law that limits the rent increase, if given notice. Like I’m pretty sure NYC has some kind of rent control, but at least here in Oklahoma it’s not common.

    Edit: I found this, and I now feel worse

    the state has rules that prevent local governments from creating their own rent control laws. In simpler terms, landlords in Oklahoma have the power to decide how much rent they want to charge without any legal limitations from the state or local authorities.

    • intensely_human@lemm.ee
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      10 months ago

      So you’re telling me rent in OK is off the charts? Or could there be some mechanism other than government limiting how high rents can go?

      • kyle@lemm.ee
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        10 months ago

        There’s another mechanism, it’s just competition. They can’t go too high or else they’ll price themselves out. Minimum wage here is still $7.25/hr