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I don't see how this clarifies that it's not a appropriate metaphor. There are hundreds of schools or more that _do_ compete for consumers in that way. Simila
by oarabbus_ 4y ago
I don't see how this clarifies that it's not a appropriate metaphor.
There are hundreds of schools or more that _do_ compete for consumers in that way. Similarly, HOAs in some areas may restrict boat parking. Other HOAs however, will allow it. Why is the metaphor not appropriate?
- stale2002 4y agoThe metaphor is not appropriate because a HOA isn't limiting competition in any meaningful or significant way. Whether or not a couple houses in a couple block area, or 1 apartment building all "collude" to do something has very little effect on the competitive market of the massive housing industry. But large, major players in the education space (each of which enrolls thousands of students), all agreeing together to do something, has a much larger effect, in comparison.
- oarabbus_ 4y ago>Whether or not a couple houses in a couple block area, or 1 apartment building all "collude" to do something has very little effect on the competitive market of the massive housing industry. This is not correct. There are HOAs spanning dozens of miles, with and tens of thousands of homes. >But large, major players in the education space (each of which enrolls thousands of students), all agreeing together to do something, has a much larger effect, in comparison. The vast majority of universities offer athletic scholarships, this is not really true either.
- ClumsyPilot 4y agoHOA's primary function is not to buy, sell and flip houses. They are not a market participant, they do not have any obligation towards the housing market. Primary function of a univerisy is the education market. It is shocking to see the nunber of 'free market' advocates that do not understand basic functions of a market
- flerchin 4y agoHOAs are local government, not market participants.