4 ms·
Kept waiting for the satirical 'turn', but it never appeared. (not trolling) Are there any examples that support this claim: >The market can never provide hou
by focusgroup0 9y ago
Kept waiting for the satirical 'turn', but it never appeared.
(not trolling) Are there any examples that support this claim:
>The market can never provide housing as cheaply as a properly functioning local/state government.
- kavabean 9y agoThe housing and urban development department puts out price indices for construction of various types per sqft. https://www.amazon.com/Construction-Cost-Indices-Supportive-Programs/dp/1288917430 https://www.amazon.com/Construction-Cost-Indices-Supportive-... You will find these are not far off industry average. I don't know of a quantative model of the local financial system that fully implements the factors I mention, but these ideas are getting more traction because of the practically western-world-wide housing crisis. I guess decent models are forthcoming to study these effects.