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Sock Puppet Twitter (feddit.org)
submitted 4 weeks 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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[-] Oneser@lemm.ee 2 points 4 weeks ago

Is this not simply covered by elasticity? E.g. if housing was $50,000 a month, most people would be homeless, even if it is a "need".

[-] agamemnonymous@sh.itjust.works 0 points 4 weeks ago

At a certain level of inelasticity, the self regulating aspect of supply and demand becomes basically irrelevant.

this post was submitted on 15 Apr 2025
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