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Is it flaimbait to discuss demand in a discussion about supply?
by Vt71fcAqt7 4y ago
Is it flaimbait to discuss demand in a discussion about supply?
- anigbrowl 4y agoIt is when you oversimplify a complex issue. There might have been a good point were there an absolute shortage of housing, but there isn't. Much of the scarcity in the housing market is wholly artificial, and blaming immigrants or restricting their arrival would have absolutely zero impact on landlords' propensity to extract economic rents without providing any additional value.
- Vt71fcAqt7 4y ago>zero impact on landlords' propensity to extract economic rents without providing any additional value. That isn't what's causing the problem. It's that demand is greater than supply. Rent is lower in rural areas becuase nobody wwnts to live there. Even if rent was free you would have the same problem that there simply isn't enough housing. Immigrants almost invariably live in cities, and they do drive up prices.
- codefreeordie 4y ago