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This is capitalism reacting to bad government policy. An artificial shortage of construction permits means only the high bidders (luxury condos) get them. Tuiti
by erik_seaberg 5y ago
This is capitalism reacting to bad government policy. An artificial shortage of construction permits means only the high bidders (luxury condos) get them. Tuition keeps rising as long as we keep guaranteeing reckless loans for teenagers. Health insurance lacks competition because it’s mostly arranged through blanket contracts with employers for tax reasons (dating back to world war two!)