3 ms·
Ah, the wisdom of the market. I could rephrase that as "housing targeted for the rich" who are already pretty well-served, unlike the poor.
by blacksmith_tb 1y ago
Ah, the wisdom of the market. I could rephrase that as "housing targeted for the rich" who are already pretty well-served, unlike the poor.
- ahmeneeroe-v2 1y agoIt's not the "wisdom of the market" it is simply that pricing isn't set by the seller, it is set by a dynamic process between seller and the buyer. If you don't believe me, try selling a luxury good targeting a rich buyer on FB Marketplace and see if you can set the pricing arbitrarily high.
- locao 1y agoYou're completely missing the point. Unless your name is Ferrari or something like that, you didn't build said luxury item.