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This is the most basic economics. You introduce additional, artificial competition for buying homes from a group wealthy people and - surprise - the prices go u
by goodpoint 5y ago
This is the most basic economics. You introduce additional, artificial competition for buying homes from a group wealthy people and - surprise - the prices go up.
- sgregnt 5y agoYou mean the demand goes up and supply does not change? That is not really an increase in competition, more like less competition in the market...AFAIS