4 ms·
Well, I suppose my key point is that if 3 people are chasing 2 homes, any surplus cash is likely to be poured in to housing.
by CalRobert 3y ago
Well, I suppose my key point is that if 3 people are chasing 2 homes, any surplus cash is likely to be poured in to housing.
- godelski 3y agoYeah, I get that. But I think the system is much more complex than that and it is necessary to have a better model to make successful predictions. I certainly don't think what you're saying is a bad place to start, but rather that we need to acknowledge the limitations and that it is a start.
- piuantiderp 3y agoIf it were possible, economists would have a better reputation. That being said, the idea is not flawed, until there is a plenty of necessities, markets and the individuals in them, will continue to compete for them.