Re:Across the rich world, an extraordinary jobs boom is unde...
by treis on Thursday May 30, 2019 @02:53PM
(#20054663)
>3/ Neither of these factors, if they fully explained the value increase, would support the claim that regulation is to blame.
The point is that the 50% increase is the baseline appreciation or in other words the increase due to everything but regulation. Things like natural inflation, construction costs, etc. A rate above that is likely due to supply being constrained by regulation (or at least that's what the GP argues).
The point is that the 50% increase is the baseline appreciation or in other words the increase due to everything but regulation. Things like natural inflation, construction costs, etc. A rate above that is likely due to supply being constrained by regulation (or at least that's what the GP argues).