Editing Price revolution (section)

==== Landowners ====
Conditions in 16th century Europe support the view that the separation of constantly rising prices and fixed rents destroyed landowners. But this did not apply to Spain, where rent was not fixed and the power of landowners allowed them to raise rent and replace their tenants based on the tenants' ability to meet payments.<ref name=Lynch>{{cite web |last=Lynch |first=John |title=Spain During the Price Revolution |url=http://www.p12.nysed.gov/ciai/socst/ghgonline/units/4/documents/Lynch1.pdf |access-date=2017-08-17 |archive-url=https://web.archive.org/web/20170208001528/http://www.p12.nysed.gov/ciai/socst/ghgonline/units/4/documents/Lynch1.pdf |archive-date=2017-02-08 |url-status=dead }}</ref>

On the other hand, the price revolution brought impoverishment to those who lived on fixed income and small rents, as their earning could not keep pace with Spanish prices. Small landowners of the {{lang|es|[[hidalgo (nobility)|hidalgo]]}} class, the lower clergy, government officials, and many others all found their standard of living reduced as commodity prices rose beyond their means. The situation of the peasants is less clear, for it is difficult to reconcile agricultural prosperity and the great rural emigration to the towns, which in turn makes it difficult to explain the alleged extension of cultivation in Spain. But one thing is certain—wages lagged behind prices.