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Housing is expensive because it's a positional good, not because it's expensive to produce.
by beefman 11y ago
Housing is expensive because it's a positional good, not because it's expensive to produce.
- erikpukinskis 11y agoIt's only positional because density is limited. If the market were allowed to build up wherever they wanted each "position" would basically be an infinite resource...
- jononor 11y agoWhat are the good arguments for keeping it so? Of course if one could build anything anywhere, it would be unreasonable to demand the water/el/internet/sewage grid to be extended there at no costs, so some alternative mechanism to ensure such services would be necessary. Same goes for other communal services like healthcare and education, I guess.
- erikpukinskis 11y agoAll the arguments basically boil down to "it would change the character of the neighborhood/city".