News, If you were handed $1,100 a month, would you amount to anything?

[warriorfan63]

Originally Posted by freemkt

Until your tenants build up down payment funds and exit the rental market.

So all renters get into the housing market but there are not homes to meet the demand. Prices skyrocket due to this new demand and now those who once could afford a home are now pushed into rentals due to the new prices. The rental market skyrockets as do the rental rates and you still can't afford either.

[arleigh]

People in the habit of living at or beyond their means, will always be that way .
Those prone to drug abuse will further abuse the opportunity and those that will extort others will have l the more reason to do so.
With fewer jobs, and living conditions becoming more crowded, the constant influx of illegals, things are going to get worse, not better.
The idea of giving money away, will draw even more illegals .

[rjm1cc]

Originally Posted by John1960

Would Germany be a better place if each citizen received a no-strings-attached government check for $1,100 a month?

Would people still get out of bed each day and go to work or do something else productive even with that unconditional basic income of 1,000 euros, less than half the average German monthly wage, but more than twice what those on welfare receive?

If you were handed $1,100 a month, would you amount to anything? - LA Times

And where would Germany get this money? Tax those that worked?