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Ireland plans to make a $1,500 a month basic income for artists permanent
(www.businessinsider.com)
this post was submitted on 19 Oct 2025
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I wonder sometimes, if we all get UBI, what happens to home ownership? It might be enough to pay rent, but probably not save up for and afford a mortgage. Would the government then own all real estate? Which it would then farm out to private corporations to manage. Effectively making all of the property owned by corporations?
UBI doesn’t prevent you from earning money. It’s just that, no matter what, you get x amount of money every week/month.
I mean that's kind of how it works right now.
But UBI is just basic income, to make sure people can get on their feet. It works as a springboard to enable people to achieve higher goals, like home ownership.
Im not wholly knowledgeable on UBI but I imagine you can still make money on top of the basic income. Like as an artist you can still sell works, do commissions and whatnot you just dont have to stress nearly as much about covering the basics when works dont sell and there are gaps in customers. You still can have savings and the like. Best cases at some point housing would be cheap enough that one could realistically buy a house outright with good financial planning instead of it being owned by a bank
Having corporations do basic functions is a mistake of neoliberalism, which literally cannot conceive of anything without a profit motive.
I do agree that government ownership is tricky because they have to act as both regulator and vendor, but it can be done.