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by crazygringo
1218 days ago
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> Do you actually have evidence of this? Yes, it's a basic tenet of economics that market economies meet consumer demand more effectively than government command economies. The entire 20th century is your evidence. And for all of your anecdotes of terrible landlord stories, I can share all the great experiences of me and my friends. But at the end of the day, you kind of get what you pay for. E.g. renting a $1,500/mo. 1-bedroom vs a $3,500 1-bedroom in NYC will result in vastly different experiences with quality of maintenance and how responsive your landlord is. But at the end of the day you're basically arguing for government ownership of the economy (because why stop at rentals?), and I don't really know what to tell you, except thank goodness that's not the country we live in. |
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It's a basic tenet of fairly extreme capitalist economics. A more balanced view would be that this is often the case but that it only really works when the market is competitive. And that it is hard for a market to be competitive when it's constrained by a limited resource (in this case, land in desirable locations).
As a counterexample to your tenet, municipal internet providers almost always provide better service and cheaper prices than private alternatives.