Re:Finland Is Considering Testing Giving Every Citizen €800 ...
by cobaltblue on Monday December 07, 2015 @01:50PM
(#10691653)
It's a good time to own property in Finland. If I was a landlord there, say I have about 20% vacancy over the year. After this change, I should expect to have a larger pool of applicants because whether they work or not people now have an extra 800 Euros per month that can go directly to a nicer apartment, or at least to one with 2 roommates instead of 4. Joke's on them, though, I just raise my rent cost across the board by 800 Euros per month (probably less as everyone else will want to try and capture this, including other landlords who I'm competing against) and change it around if it's too high until I get back to my acceptable vacancy numbers but with a bigger profit.
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Re:Finland Is Considering Testing Giving Every Citizen €800 ...
by bmm6o on Monday December 07, 2015 @03:00PM
(#10692216)
Poor people having more disposable income means it's a good time to sell things that they want, like food and shelter. Joke's on them!
Re:Finland Is Considering Testing Giving Every Citizen €800 ...
by cobaltblue on Monday December 07, 2015 @03:42PM
(#10692539)
Indeed food is another thing whose price will rise. Meaning that because the supply pipeline is relatively fixed, when the demand goes up (due to more people with disposable income) things will either sell out more quickly or the price will go up resulting in a drop in demand to match the previous levels but now more money is in the hands of the suppliers. Only if an increased demand looks very sustainable will a company increase its supply output ahead of schedule.