3 ms·
When I say price gouging, i mean the economic definition, which is a very very specific thing: IE when a coercive monopoly raise prices to levels that wouldn't
by DannyBee 12y ago
When I say price gouging, i mean the economic definition, which is a very very specific thing:
IE when a coercive monopoly raise prices to levels that wouldn't exist if there was competition.
This does not decrease the supply of housing, because it's a monopoly, they are doing it because they can, not because supply is low.