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Recently a study evaluated one Canadian city's strong efforts to build housing. It was found that prices didn't go down because the builders colluded to build f
by Nomentatus 4y ago
Recently a study evaluated one Canadian city's strong efforts to build housing. It was found that prices didn't go down because the builders colluded to build far less housing in the surrounding area, keeping overall supply down, and prices up. That's in their interest. The napkin solution is correct ... unless Marx is right about how elites behave.