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Isn't the causational arrow in the other direction? If your polity didn't prefer to have high prices, you wouldn't have high prices. If you have high prices, of
by patio11 9y ago
Isn't the causational arrow in the other direction? If your polity didn't prefer to have high prices, you wouldn't have high prices. If you have high prices, of course your polity prefers high prices.
- closeparen 9y agoIt’s surprising that renters would ever prefer high prices.
- tropo 9y agoProspective renters prefer low prices. Existing renters don't care, but they like the things that cause high prices. The rent will not change for the life of the lease. Under rent control, the renter won't be much affected ever.
- hawkice 9y agoI think the surprising part is the lack of a difference between renters and homeowners. You'd expect the policy to be the average of the two groups' preferences, but the fact they don't form two clusters in conflict is... Odd.