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Isn't government intervention the reason why real estate prices are so high there in the first place?
by wu-ikkyu 9y ago
Isn't government intervention the reason why real estate prices are so high there in the first place?
- astrange 9y agoYou’d need government intervention to keep prices low, too. What if there‘s no zoning, but also no support to build sewer systems and transit? What if the NIMBYs start practicing arson? Libertarianism won’t get you anywhere with social problems. (This is besides the basic issue where loans mean prices don’t matter, so they’re free to go up…)