3 ms·
We don't have a free market in housing at all. It's a cartel with restricted supply.
by api 10mo ago
We don't have a free market in housing at all. It's a cartel with restricted supply.
- orwin 10mo agoYou can't have a free market if supply (or demand) is constrained. You either go the liberal+regulated free market way, which will get lobbied, then overregulated, or you go the socialized way, where you allow local government and associations/unions to compete in the market... with the exact same rights as the companies, and no weird rules that prevent them to truly compete. And if you have a natural monopoly (energy distribution is the worst offender), you have to go the central planning way I guess, until we find something better.
- collinmcnulty 10mo agoWho is “we”? Even within the USA that statement certainly isn’t true everywhere.