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%.
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.