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Competition generally drives prices down. Governments involving themselves in the marketplace generally drive prices up.
by DamnYuppie 13y ago
Competition generally drives prices down. Governments involving themselves in the marketplace generally drive prices up.
- ahomescu1 13y agoThat sounds like supply-side competition, which does drive prices down. When talking about competition over housing, you have a somewhat fixed supply but high competition on the demand side. In that case, prices go up.