Re:A Growing Problem in Real Estate: Too Many Too Big Houses
by woofie11 on Wednesday June 26, 2019 @09:50AM
(#20284981)
Well, we have two notions:
1) Government can't do anything right, and we need no regulation.
2) Capitalism will f-k people over without regulation, and we need maximum regulation.
Neither is true. Markets work pretty well where they work, and regulations work pretty well when they're well-designed. Both work pretty badly when they're corrupted, gamed, or poorly-designed. I see very few discussions of what works well, versus a left-right push-pull.
1) Government can't do anything right, and we need no regulation.
2) Capitalism will f-k people over without regulation, and we need maximum regulation.
Neither is true. Markets work pretty well where they work, and regulations work pretty well when they're well-designed. Both work pretty badly when they're corrupted, gamed, or poorly-designed. I see very few discussions of what works well, versus a left-right push-pull.