Re:Developer won’t get hit by a bus, they’ll get hired by Ne...
by war1025 on Tuesday August 11, 2020 @02:25PM
(#24123876)
> If someone is willing to pay 600k for something, then the value of that thing on the market is 600k. That is what a market is.
And if a bunch of homeowners are willing to drive up housing costs and prevent building out an adequate supply of housing in an area, that's just the market.
I don't have a horse in either race, but I think there is an appreciable difference between paying a premium for a resource that you use, vs paying a premium solely to prevent someone else from having access to it.
And if a bunch of homeowners are willing to drive up housing costs and prevent building out an adequate supply of housing in an area, that's just the market.
I don't have a horse in either race, but I think there is an appreciable difference between paying a premium for a resource that you use, vs paying a premium solely to prevent someone else from having access to it.