> even housing, that I feel are not well served by a purely-market driven perspective
I hate to be the YIMBY broken record, but we don't have anything like a purely market-driven approach to housing. An important aspect of a functioning market is that supply is allowed to increase in order to meet demand. This isn't the case in the United States because of zoning laws. The housing market is more like the market for rare coins or something than it is any kind of actual market.
I hate to be the YIMBY broken record, but we don't have anything like a purely market-driven approach to housing. An important aspect of a functioning market is that supply is allowed to increase in order to meet demand. This isn't the case in the United States because of zoning laws. The housing market is more like the market for rare coins or something than it is any kind of actual market.