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That's the point I'm making, though. You're ignoring Occam's Razor, that the most likely explanation, when none of the others fit quite right, is greed.
by quickslowdown 3y ago
That's the point I'm making, though. You're ignoring Occam's Razor, that the most likely explanation, when none of the others fit quite right, is greed.
- dragontamer 3y agoA greedy investor would have built more homes that better matched our population dynamics. Greed is insufficient to explain the problem. We have a market failure here for sure. (Markets work even in the presence of greed, with the proper regulatory environment. Whatever the hell has gone wrong with our society over the last 30 years to cause us to stop building houses is... well... "Greed" just is insufficient to explain the behavior)