▲ | forgetfreeman 13 hours ago | |
Go for it. Econ 100 textbook bs about supply and demand are trivially dismissed by a casual examination of housing and rental prices in the US in gentrified areas. What happens when the real world intrudes on academic platitudes is rather straightforward: pricing for everything goes up and the folks who were struggling get pushed out. Nobody who couldn't afford housing in the market before the shift is served. | ||
▲ | refulgentis 13 hours ago | parent [-] | |
I'm more than open to reading anything about that! Literally anything! Most respectfully and deferentially, I don't think "more things available makes price goes down" is a platitude or textbook or academic thing! I must confess, the fact this Fat Tony logic and not some theory invented in an academic textbook ivory-tower divorced-from-reality impoverished-intellectual safe haven is why I cannot provide a proof: the note about the margin was an attempt to inject some levity, via a reference to Fermat! |