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A comment on Basic income in Finland did not lead to finding work, researchers said. Parent comment

Re:Basic income in Finland did not lead to finding work, res... by manicdee on Friday February 08, 2019 @05:01PM (#19119105)
Yes, the rents in popular areas will rise. Since people have a basic income to support them regardless where they are living, they can move to areas with lower rent (thus increasing the rent — and net rental income — of the area they move to).

At present, most unemployment benefits systems require the recipient to stay where they are, or move to places with better employment opportunities. This places a large burden on the recipient since they might already be in a high rent area and are not allowed to move to somewhere they can afford to live.

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Re:Basic income in Finland did not lead to finding work, res... by mises on Friday February 08, 2019 @06:13PM (#19119546)
I figure low-rent areas will have rents go up as well. It may take longer, but it will ripple through the whole economy.
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Re:Basic income in Finland did not lead to finding work, res... by manicdee on Saturday February 09, 2019 @04:52PM (#19124864)
Yes, all rents will rise, but most rents will rise less than the rise in income until rental vacancies hit 0%.
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Re:Basic income in Finland did not lead to finding work, res... by mises on Saturday February 09, 2019 @05:09PM (#19124966)
Not sure. In a normal, gradual rise in wages, this might be true. But in a massive, sudden income increase, I personally would try increasing my prices (by at least some) immediately. And more over time.
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