Submitted by twentiesforever t3_10wm8vs in vermont
BudsKind802 t1_j7q8avr wrote
Reply to comment by Ok-Title-270 in How Can We The Increase Affordable Housing Supply? Ideas? by twentiesforever
Unlike what you may have learned in econ 101, the "free market" doesn't exist. Instead the market is unpredictable and tends to favor the rich. They just wave that off as externalities, but ultimately durable goods markets behave differently than widget markets.
Ok-Title-270 t1_j7qtm7d wrote
Not addressing my point that if more housing existed the price would go down. That's still true
BudsKind802 t1_j7r7g2l wrote
Ok Maynard Keynes
Ok-Title-270 t1_j7smmlu wrote
Keynes was a hack
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