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by thomastjeffery
1910 days ago
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> Our highways are free because they're a public good (in the economics sense) and prone to monopoly pricing due to geographic constraints on competition. And homes are not? Certainly not at the same scale, but we are seeing the same problems with landlords that we see with monopolists. Landlords are able to charge extremely high rents and there is not enough available/affordable land to build competition, especially in cities experiencing NIMBYism and gentrification. > You'd be solving a non-problem (or, to the extent that there is a problem, it's one that's easily addressed by simply increasing private housing stock) It's clearly a problem. That's why we're here talking about it in the first place. It's also clearly not "easily addressed", or that would have happened already. Sure, we need to remove barriers to increasing housing stock, but that isn't likely to be enough; especially in the short term. |
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