135 sats \ 11 replies \ @Undisciplined 14 Jun \ on: The Federal Government’s New Plan To (maybe) Give Renters Straight Cash econ
Economists have pretty consistently pushed for cash assistance, rather than in kind assistance, forever.
Pretty much everyone else tends to think that's a terrible idea.
I don't have a strong opinion on this matter because I lack the necessary knowledge to make a proper assessment. However, I can identify a few points to consider:
Renters would have more control over how they spend their money on housing-related expenses. This approach could also be considered more efficient as it reduces administrative costs. There is a risk that renters might spend the allowance on non-housing-related expenses. Additionally, the allowance may not be sufficient to cover expenses in areas with a high cost of living.
It will be interesting to see how it unfolds and what kind of assistance they ultimately decide on.
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That's it, in a nutshell.
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Where have I seen this before? Isn't this what happened with the COVID stimulus during Trump's administration?
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I don't remember what form the rent relief programs took, but I know a bunch of that Covid stimulus ended up unaccounted for.
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It sure does.
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Even without it you could make a deal with some poor eligible guy - he "rents" a room in your house for an exorbitant amount (but he's not allowed to live in it), pays you with vouchers, you redeem them for cuck bucks -> BTC, and give him a small cut.
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Sorry, this scam is only available to Americans.
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Is this a joke or is it really true? Sorry, I'm not American.
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CBDCs fix this ;)
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