4 ms·
Socialism.
by sgt101 7y ago
Socialism.
- wutbrodo 7y agoLol, imagine thinking that the undersupply of housing in US metro is due to the market having too much say.
- claudeganon 7y agoLol, imagine thinking housing serving as a speculative asset for global Capital doesn’t constrain and distort supply away from what is needed vs what provides the greatest returns for this class of investors.
- dredmorbius 7y agoThere are better ways of expressing this valid notion.
- dredmorbius 7y agoThat would be an economic or market structure, and may be a possible solution. I'm looking at LVT and land use regulation myself. My initial quip was to point out that (as I suspect @anonymoushn was alluding) the problem isn't technological. Rather it's one of incentives, politics, and market structure.
- sgt101 7y agoYes - agree. I am being provocative as well (HN doesn't like, but sometimes it's useful). This is a problem of policy and social engineering - technology can and will help, but it won't solve it.