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by projektfu 844 days ago
Missing sarcasm tag on building homes quickly.
1 comments

Also on right across from the overpriced ones.

Should have been obvious...

Oops. I've seen worse free-market capitalist opinions held earnestly on HN, so it's hard to tell...
Yeah, the one i replied to for example :)
There is property for sale in probably every corner of the world, you dont need to build anything.
This is laughable. Every major metro area in the US is in the midst of a crisis of lack of housing supply.
And yet, property is for sale everywhere, go check zillow. You might not like the price, I imagine anybody looking to buy property to rent out probably has similar feelings; ultimately though, if they are using this "price fixing" algorithm, then it should be easy enough to out compete them by just lowering prices.
That doesn't make any sense. There is a dramatic under-supply of housing, there will be no "out-competing". They're going to rent all of their apartments, the price-fixers and the non-price-fixers. They'd just be leaving money on the table, not "out-competing". They're not going to magically acquire a bunch of new non-existent housing to grow their market share. I implore you to move beyond econ 101 thinking.
Then its not price fixing, thats the market price. If I produce 3 fidgets a week and they all sell by monday morning, Id raise the price.