> Once again the market sorts things out itself. It's always funny to see "the free market works itself out" used in contexts where markets are anything but fr

> Once again the market sorts things out itself. It's always funny to see "the free market works itself out" used in contexts where markets are anything but free, due to intense regulation, high barriers to entry, and inelastic demand. After national defense and healthcare, it's hard to think of a market that is less free - by economists' definition of "free" - than housing.