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A comment on Housing Can’t Be Both Affordable and a Good Investment (2018). Parent comment

Re:Housing Can’t Be Both Affordable and a Good Investment (2... by alasdair_ on Thursday May 02, 2019 @02:21AM (#19805231)
>Prices go up because demand is higher than supply. No other reason.

If the government mandates that the price of something is X, and X is higher than the price is now, prices go up.

Also, remember than nominal price and economic price are distinct. “Price” needs to include all tax subsidies and other incentives/ dicincentives.

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Re:Housing Can’t Be Both Affordable and a Good Investment (2... by aey on Thursday May 02, 2019 @11:04AM (#19808618)
No they don’t. See the USSR, real prices were completely removed from what the government set. If SF set the price of a house to 100k, people would just bribe each other the difference.
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