Seems a little convoluted. Why not just public housing for all who want it, paid for by the state. And if we want a UBI too, do that too.
Think all value generated from property should go to public coffers - not those best able to afford to buy property.
What would paid by the state mean?
@LeoSammallahti well, in the US and the UK, paid by the state means just that. Those gov'ts face no external *financial* restrictions on their ability to pay for whatever they choose - they don't need to fund their spending thru taxes. There are good reasons to tax, but funding expenditures at the national level isn't one of them. Euro currency members, however are more like state/municipal govt's, since they don't directly control their own currency issuance.
So paid by the state in the sense that state funds building them, not that tenants can live there for free?
Definitely the first, but there's no reason why tenants couldn't live in state-owned housing for free, or that rent couldn't be on a sliding scale from $0-market rate, or something like that.
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