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by bradlys 359 days ago
We’ve already seen that the market is not like that. Rent collusion already exists with landlords.

When it comes to a necessity like shelter, it doesn’t follow supply/demand curves all the time.

1 comments

Housing follows supply/demand curves more than most other goods do. Most other goods have elastic supply -- when demand for widgets goes up factories start producing more widgets so the price follows the commodity rule "price = marginal cost" rather than classical supply and demand.