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“Letting supply and demand decide” means deciding to give the housing to whoever will pay the most: which group do you think will pay more, the entire world of
by ihm 8y ago
“Letting supply and demand decide” means deciding to give the housing to whoever will pay the most: which group do you think will pay more, the entire world of tourists who want to visit SF on vacation or people who live here?
Which of these groups do you think it is more important to serve?
- lurquer 8y agoBeen to Venice? But for a sliver of the northern side, I got the impression nobody lived there but tourists.
- bcheung 8y agoI think it varies. There are a large class of landlords that will favor longer term tenants because it is lower risk / less hassle. There are also many cases where renting long term is more profitable as well if the home can't be booked consistently. There has always been a "volume discount" incentive for business owners. I would say there is economic incentive for both interests. I don't claim to have the right to assert my opinion on other renters and landlords. I don't think others should either. Who I think is more important is none of my business. That's between the renter and the landlord IMO. Markets, based on supply and demand, have a natural tendency to find balance between the interests of multiple parties.
- kofejnik 8y ago> Which of these groups do you think it is more important I dunno, let the market decide? From your question, it seems like you claim to have a self-evident answer, why?
- pertymcpert 8y agoWhy is the market any better? Our reasoning is based on the needs of human life, not who has more money.
- kofejnik 8y agoCommunists in Soviet Russia thought this, too. How do you know your reasoning is sound?
- pertymcpert 8y agoBecause we’re optimizing for the least human suffering.
- kofejnik 8y agoCommunists said that, too.
- pertymcpert 8y agoAnd what's being done here is the same as communism? And communism has no potential benefits? Why don't you argue based on concrete facts instead of false equivalencies?