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Ah, there it is, the worst take on hn today. Congrats!
by turnsout 4y ago
Ah, there it is, the worst take on hn today. Congrats!
- kelseyfrog 4y agoI'd be happy to be proven wrong by someone who can demonstrate that a maket can guarantee everyone a place to live, but so far the current state of affairs seems to be evidence of the contrary. It looks exactly like a market failure of a good with inelastic demand, but no one wants to come out and say that.
- fallingfrog 4y agoIf markets by themselves can’t supply everyone with a place to live- something which every human needs- then perhaps we should try a different approach. There are plenty of ways to solve this problem.
- Schroedingersat 4y agoWow, market realism much? You don't even seem to realise that's not the point that was being critiqued. Also housing is not a free market in the slightest. It's heavily subsidized for the benefit of 'investors' in the form of unpaid for infrastructure and being far less taxed than labour among other things, and extremely distorted by euclidean zoning and nimbyism.
- comfypotato 4y agoFinland is an extreme example of a housing market that provides a place for everyone to live. Obviously it's not a free market, but does it not prove you wrong?
- kelseyfrog 4y agoRight, and a market didn't accomplish that. This did > Julkisen vallan tehtävänä on edistää jokaisen oikeutta asuntoon ja tukea asumisen omatoimista järjestämistä.
- comfypotato 4y agoPowers outside of the academic oversimplification of supply and demand are at play in both markets, US and Finland. What is your logic that differentiates that which leaves people homeless in the US as "the market at work"?
- kelseyfrog 4y agoBasic economic definitions. The markets have no obligation to meet ineffective demand. In fact that's the real issue at stake. What does ineffective demand look like in housing markets: homelessness.
- comfypotato 4y agoIneffective demand (in this case a sad thing) can be met, though [Finland], yet you say there is no problem. I’m upset by your callous remark.
- kelseyfrog 4y agoI see. I use being incorrect as a rhetorical device in order to be proven wrong so that we can have this conversation about how markets don't provide housing through ineffective demand. Saying something wrong on the internet is a good way to get people to make the arguments I want them to make.
- comfypotato 4y agoThen I’m glad you don’t actually feel that way.