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If it had enough political will do, the government could build more supply and reduce prices, no, like in Hong Kong and Singapore? There are a whole spectrum of
by vore 4y ago
If it had enough political will do, the government could build more supply and reduce prices, no, like in Hong Kong and Singapore? There are a whole spectrum of government-directed solutions to try keep prices down that comply with supply and demand.
- WalterBright 4y agoBuilding more supply in order to reduce prices is not repealing Supply+Demand, it is acknowledging it.
- vore 4y agoI was backing up the OP talking about the government stepping in and bringing prices under control, which for some reason you assumed must have meant violating supply and demand.
- WalterBright 4y ago"bringing prices under control" with the government usually means price controls of some sort, which is denying S&D.