4 ms·
I'm sorry but that's some free market bubble nonsense, most people can't "just move" and just "pick another uni". It's not that you magically can find some oth
by jahaja 6y ago
I'm sorry but that's some free market bubble nonsense, most people can't "just move" and just "pick another uni".
It's not that you magically can find some other landlord that's doesn't offer something with 3x rent compared to western-Europe.
- JumpCrisscross 6y ago> that's some free market bubble nonsense You're asking to understand a different perspective. I'm trying to offer that perspective. > most people can't "just move" and just "pick another uni" No, but they can weigh the cost of living in e.g. Manhattan versus Queens versus upstate. And they can weigh the cost ex ante of a private university versus community college. Housing and education have high lock-in. But there is a degree of competition and choice with respect to incurring their costs. That doesn't exist with taxes, which makes some people more cautious about them.
- jahaja 6y agoWho can do that? You're assuming that people can downsize. For most rent, childcare, healthcare etc is just another recurring bill, not unlike taxes.