> If someone is willing to pay 600k for something, then the value of that thing on the market is 600k. That is what a market is. And if a bunch of homeowners a

> If someone is willing to pay 600k for something, then the value of that thing on the market is 600k. That is what a market is. And if a bunch of homeowners are willing to drive up housing costs and prevent building out an adequate supply of housing in an area, that's just the market. I don't have a horse in either race, but I think there is an appreciable difference between paying a premium for a resource that you use, vs paying a premium solely to prevent someone else from having access to it.