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by TylerE 2561 days ago
Yes?

Supply and demand is basically the fundamental law of economics.

1 comments

No, it’s not. It’s the foundation of market economies, which are not the only way to distribute goods and services. There are many alternatives to this.
Like Venezuela, Cuba, and the Soviet Union? Those alternatives aren't better.
Look at singapore for an alternative that isn’t associated with anti-socialized scare tactics. Soviets had a lot of issues but lack of housing wasn’t one of them. Same for cuba, although the sanctions have crippled the economy to make quality housing difficult. I can’t speak for venezuela housing as i have not researched it, and it seems weird to clump a country with a mostly private economy in with self-proclaimed communist countries.
A somewhat ironic example given the subject at hand

https://www.propertyguru.com.sg/property-management-news/201...

"House prices in Singapore are considered “seriously unaffordable”, with a median multiple of 4.6, which means that the median house price is 4.6 times the city-state’s median household income, according to an annual survey."

I was referring to the public housing, not the market housing. If you’re a citizen it’s not terribly difficult to get your own unit. https://en.wikipedia.org/wiki/Public_housing_in_Singapore

This is how you preserve existing communities--it should be harder to move into a city than to stay there.

Why should existing folks be given preferential access to urban job markets? No one born outside a city chose to be born there.