2 ms·
Is it the lack of free markets causing distortion here? Housing as investment sure is wonky and seems problematic when government intervenes.
by reducesuffering 6y ago
Is it the lack of free markets causing distortion here? Housing as investment sure is wonky and seems problematic when government intervenes.
- dzhiurgis 6y agoWhen subdividing a lot costs 50k just for paperwork (well there's more than that, but cmon) and takes months... When all imported building materials are spec'd by one company... When there's no competition from foreign labourers and locals doing coke off their fishing boat by 3PM... Yes there's some distortion in market.