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> why would you want the market fluctuations to be able to force an individual to leave their house? To make room for newcomers with higher-paying jobs who, in
by aianus 11y ago
> why would you want the market fluctuations to be able to force an individual to leave their house?
To make room for newcomers with higher-paying jobs who, in some sense, 'deserve' to live there more than you do. Unpopular opinion, but that's how we ration every other limited resource; it goes to the highest bidder, not the first mover.
- thaumasiotes 11y ago> that's how we ration every other limited resource; it goes to the highest bidder, not the first mover This is the opposite of the truth. The core of property rights is that just because someone will offer you a "good" price for your trinket, doesn't mean you have to sell it to them. (That would be a chaotic world!) Limited resources are held by their owners, who had them first. You can argue that housing is fundamentally different from every other kind of property, which justifies forcing people to give theirs up if somebody else wants it more -- but there is no room to argue that that's how we handle other limited resources.