They house price to income ratio is almost double what it was in the 80s.
Duh, if people are making the same amount but houses cost almost twice as much, they won't buy one. If they find one they can afford, they probably won't move.
If you think of the house price to income ratio as metric to determine the "value" you are getting for buying a home at market prices that year, value has dropped substantially. Unless, of course you think the price to income ratio can go up indefinitely.
The Economist has some great interactive charts. http://www.economist.com/blogs...
You have a better chance of getting murdered by a drone in WWIII than you do of ever getting anything close to UBI.
When robots replace your job you will be left to die, period. When you use the last of your energy to rise up, you will be killed. The end.
The rich don't horde money. The only situation where hoarding money occurs would be if a "rich" took their dollars and shoved them under a mattress...which is what poor people *actually* do, and why the government is so afraid of deflation (when hiding money under a mattress might actually be profitable). Keeping money in a bank account doesn't mean it sits in a vault somewhere collecting dust. The banks loan the money to people for houses and for cars or to businesses for capital investment.
When poor people get money, they spend it right away on consumer goods. This spending gives a rapid short-term boost to the economy. Long-term investments in capital are great, but when your economy takes a major hit, sometimes you need to "jump start" the economy and get some relief immediately before businesses start laying off people. Some economists argue that a reallocation of resources is good for the long-term health of the economy. However, economic downturns cause a lot of friction. This friction benefits some businesses (the ones that survive), but hurts taxpayers, who eventually have to pay for other people's unemployment insurance, or best-case, have to back subsidized student loans.
We will have solar energy as soon as the utility companies solve one technical problem -- how to run a sunbeam through a meter.