The nominal incomes of renters and local business owners increase, but in the end the rentiers benefit.
Rentiers may benefit, but they need not be the only ones who benefit. That was the essence of my comment above, and why I objected to the statements above that “all UBI” is sucked up by rent and that “UBI is simply a handout to rentiers.” The nominal incomes of non-rentiers indeed increase, and I claim that for some of them, the real income increases as well.
I’m not sure if there is any leftover disagreement here?
Rentiers may benefit, but they need not be the only ones who benefit. That was the essence of my comment above, and why I objected to the statements above that “all UBI” is sucked up by rent and that “UBI is simply a handout to rentiers.” The nominal incomes of non-rentiers indeed increase, and I claim that for some of them, the real income increases as well.
I’m not sure if there is any leftover disagreement here?