3 ms·
I'll try, because the incentives are totally different. Food will perish if hoarded and you need a constant supply of it. Housing and real estate is the opposit
by andy_ppp 4y ago
I'll try, because the incentives are totally different. Food will perish if hoarded and you need a constant supply of it. Housing and real estate is the opposite, it's in almost everyone's interest that land values and property go up over time, especially the people who currently own it which includes politicians and probably around 50% of people. There is also price competition in the food market, which property developer out there competes on value? They all compete on perceived quality, the square footage and where they can buy land.