4 ms·
In the housing market, there are regulations put in place by NIMBYs to protect their own investments. Econ 101 includes analyzing the effects of market interfe
by orangecat 10y ago
In the housing market, there are regulations put in place by NIMBYs to protect their own investments.
Econ 101 includes analyzing the effects of market interference, and in this case its predictions are exactly correct.
- alistairSH 10y ago...this is real life, not the first chapter of an Econ-101 textbook. Better?