3 ms·

If government policy was designed so that the price of food was outstripping income growth, that would definitely be a problem.

• thegrimmest 5y ago
  why does the outcome have to be due to the design of government policy? Why can't it just be a consequence of the free interaction of people?
  • imtringued 5y ago
    Because everyone told me to blame the government.
  • nmfisher 5y ago
    Because government policy heavily influences the price of housing, which is an essential good?
  • reducesuffering 5y ago
    Because the government: 1. Manipulates interest rates directly affecting house prices 2. Changes tax rates depending on housing (mortgage interest) 3. Buys mortgages 4. Zones areas which can restrict or increase supply based on policy. Yes, if they didn’t do any of these, people wouldn’t blame government policy and we’d see what a functioning market results in.