> Like, you think that people are plotting how to induce scarcity in the market so that they will work harder? Yes. Believe it or not, there are lot of people

> Like, you think that people are plotting how to induce scarcity in the market so that they will work harder? Yes. Believe it or not, there are lot of people (especially people in positions of authority/power) that believe this type of scarcity drives labor, ambition, society, etc.. forward. I mean just look at the current discussion about minimum wage and/or stimulus checks. But with real estate, I kind of agree with you, It can be a little far fetched to extend that mentality to housing scarcity. Housing scarcity is just because current owners want to have the value kept in real estate increasing. Hard to do when there's no scarcity. Only wannabe owners complain about housing prices.