Hacker News new | ask | show | jobs
by dllthomas 4520 days ago
"The common thread is that subsidies on the consumer side (in higher ed, healthcare, and home ownership) increase demand and thus increase prices."

But it is worth noting that in the long term that is only if there is something preventing the industry from growing (limited resources, barriers to entry). Otherwise, supply will respond to the increased demand and prices will be driven back toward the cost of production.