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> Of course it's not just housing that has become more expensive – health care and higher education costs have also outpaced inflation for decades. This one's
by astrange 2y ago
> Of course it's not just housing that has become more expensive – health care and higher education costs have also outpaced inflation for decades.
This one's partly natural for Baumol reasons - basically, having any highly paid industry near you raises the price for any service. But it's also partly the US has many bad ideas intended to create explicit limits on supply in healthcare, like limited residency seats and certificates of need for hospitals.