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Prices are set by the government via zoning laws, sky high prices for new land and importing millions of new people like in Europe. Where those in power comfor
by anxcv 6y ago
Prices are set by the government via zoning laws, sky high prices for new land and importing millions of new people like in Europe.
Where those in power comfortably sit in inherited properties and wonder why the plebs does not eat cake.
I believe in the free market, but the housing market is not free.
- WalterBright 6y ago> Prices are set by the government via zoning laws Zoning laws are not price fixing. Practically every dwelling in a zone has a different price on it, because of supply&demand.
- zo1 6y agoZoning laws have a restrictive effect on supply, which in turn has an effect on prices.
- WalterBright 6y agoThat's quite different from setting the prices.