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Every economic decisions has that "at the price I want" caveat at the end of it? There's no housing shortage, just a shortage of house at the right place and p
by parineum 8mo ago
Every economic decisions has that "at the price I want" caveat at the end of it?
There's no housing shortage, just a shortage of house at the right place and price. Different places have the right price, the right places don't have the right prices.
There's no job shortage, just a shortage of jobs that pay what I want and am qualified for.
Shortages happen in controlled economies, capitalism just adjusts prices.
- Scarblac 8mo agoHouses are different. There is a finite number of them at any time and if there are not enough for everyone, there's a shortage. If wages are too high, then some work just doesn't get done, some business plans are now unviable. But everybody needs a place to live.