> Also education cost spiked because of easy availability of student loans. Could there be many more products/areas like this?
Anything that isn't provided by a freely competitive market can be like this in the long term, and anything where the supply side can't quickly respond to demand-side changes can be like it in the short term.
Anything that isn't provided by a freely competitive market can be like this in the long term, and anything where the supply side can't quickly respond to demand-side changes can be like it in the short term.