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Not all goods are the same. The prices of stocks and houses vary according to the demand, this is for all scarce assets. Labor demand varies with price. The pr
by vinceguidry 9y ago
Not all goods are the same. The prices of stocks and houses vary according to the demand, this is for all scarce assets. Labor demand varies with price.
The price of construction is not the same as the price of housing. The price of construction has only gone down over time, because it's constrained only by time and materials, not scarcity.