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The alternative to "price gouging" is imposing some form of price controls. Since housing cannot be created out of thin air, that means some people will get luc
by throwawayboise 6y ago
The alternative to "price gouging" is imposing some form of price controls. Since housing cannot be created out of thin air, that means some people will get lucky and everyone else will have to do without. I'm not sure that's any less a harm.
- medvezhenok 6y agoThe alternative to price gouging is not price controls (that just redirects the pain into shortages instead). It's increasing supply. Housing can actually be built quite quickly - it's the bureaucratic stuff (permits, zoning, etc), which makes it take forever.