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submitted 3 days ago by Novocirab@feddit.org to c/whitepeopletwitter@sh.itjust.works
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Source: https://bsky.app/profile/mugrimm.bsky.social/post/3lmsej4cxqk2n

Tag: Matthew Yglesias

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[-] Banana@sh.itjust.works 50 points 3 days ago

K but also he's an idiot because treating housing like supply and demand applies to it is how we got to a place where nobody can fucking afford them because, clearly, supply and demand does not apply to things people need

[-] DrBob@lemmy.ca 18 points 3 days ago

It does, but it's a reason to regulate the market. Otherwise there is minimal incentive to build affordable housing. The margins on luxury housing are just too fat. A developer is better letting half of a luxury setting sit empty than selling out affordable space. Same reason there is so little competition for affordable cars.

[-] Banana@sh.itjust.works 8 points 3 days ago

Regulating the market is taking it out of the free market though, and i am a very strong supporter of that.

[-] ZombiFrancis@sh.itjust.works 4 points 3 days ago

In short, we must face the fact that the purely free society will have a flourishing free market in children.

https://mises.org/mises-daily/children-and-rights

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this post was submitted on 15 Apr 2025
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