3 ms·
Number 3 is fueled by 2 and assisted by 1. However, forcing 1/2 to be public wouldn't fix the problem here as housing unlike other goods is not 100% competitive
by stackskipton 3y ago
Number 3 is fueled by 2 and assisted by 1. However, forcing 1/2 to be public wouldn't fix the problem here as housing unlike other goods is not 100% competitive market since supply is generally well constrained.
- jessriedel 3y agoForcing prices to be public would of course not keep cartels from being effective. But I claim the most efficient market is where all prices are public and coordination is prohibited, per standard theory (which applies find when supply is fixed).