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> intentionally keeping units vacant. they should be free to do so. They have a holding cost, which they're going to have to pay. I mean, why don't wheat farm
by chii 2y ago
> intentionally keeping units vacant.
they should be free to do so. They have a holding cost, which they're going to have to pay.
I mean, why don't wheat farmers intentionally hold sales of wheat to force the price higher?
- richbell 2y agoSo you don't think that landlords should be regulated because the solution is more supply, but also think that landlords should be allowed to intentionally restrict supply?
- mym1990 2y agoJust off the top of my head: 1) there could be legal issues with it 2) the logistics of organizing such an operation at a scale that would impact price enough to offset the risk would be…extraordinary 3) wheat isn’t an inelastic good, people will find substitutes. There is a reason that when things become commodities, there is downward pressure on price…the thing that becomes a commodity just isn’t that novel anymore. The wheat farmers would essentially need to corner the market.