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This is why such a high rate of homeownership is pernicious. When the costs of TVs, food, or gasoline goes down it’s widely recognized as a good thing. When the
by bradleyjg 8y ago
This is why such a high rate of homeownership is pernicious. When the costs of TVs, food, or gasoline goes down it’s widely recognized as a good thing. When the costs of housing—a universal necessity—-goes down it’s a national emergency about which something must be done.
- dragonwriter 8y ago> When the costs of TVs, food, or gasoline goes down it’s widely recognized as a good thing. When the costs of housing—a universal necessity—-goes down it’s a national emergency about which something must be done. Actually, drops in food prices aren't seen as an unmitigated good thing, which is why a number of food prices are subject to price supports.
- jeffbax 8y agoJust because we send government pork to big farm and all kinds of other regulations around limits on what food can be sold and how doesn't mean they are good ideas. I am open to the possibility, but I severely doubt that lower food prices are actually a bad thing and that whatever market equilibrium we'd have without intervention would be problematic.
- dsfyu404ed 8y agoWall street did plenty of bitching and moaning over the oil price declines that happened in the past 5yr and there was not shortage of articles decrying that even though it might look like a good thing from the perspective of someone who has to buy gasoline that it was actually a bad thing for the economy.
- simplecomplex 8y agoBad for American fracking companies exporting oil, but great for green energy business.
- bradleyjg 8y agoThere’s always going to be someone unhappy for any good or service. But with homes it’s a majority of the electorate. That’s highly problematic.