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Yes it will guarantee housing prices for rent rise to the guaranteed income. Just like college prices magically rise to the amount of available loans.
by ck2 11y ago
Yes it will guarantee housing prices for rent rise to the guaranteed income.
Just like college prices magically rise to the amount of available loans.
- habosa 11y agoThat is different. The college market is nothing like the housing market. There is no way to say "College A and B are exactly the same merit but College B costs more, so I will choose College A". So many people do not make college decisions based on price (besides the broader decision of private university vs public university vs community college). With rent is is different. If a landlord tries to change the price of an apartment because tenants have more money, people will look for another apartment immediately. Unless they collude or there is a shortage of apartments, the pricing should stay sane.
- bryanlarsen 11y agoWhy? It doesn't change supply, and I don't think it would have much of an effect on demand, either -- it's too cold for Finland to have much of a homeless population.
- Natsu 11y agoWhen people are able to pay more, businesses charge more. Also, demand is affected, because people will have the means to buy more, at least until inflation kicks in.
- ThrustVectoring 11y agoThere's people willing to take cheaper and shittier accommodation in return for extra spending money. Like, community college prices haven't risen top cap out against loan amounts.