this post was submitted on 15 Apr 2025
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submitted 2 weeks ago by [email protected] to c/[email protected]
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Source: https://bsky.app/profile/mugrimm.bsky.social/post/3lmsej4cxqk2n

Tag: Matthew Yglesias

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[–] [email protected] 18 points 2 weeks ago (1 children)

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.

[–] [email protected] 8 points 2 weeks ago (1 children)

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

[–] [email protected] 4 points 2 weeks 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