Nonprofit markups.org is exposing the most egregious new car prices

Re:Nonprofit markups.org is exposing the most egregious new ... by jollyllama on Wednesday August 03, 2022 @10:44AM (#32332448)

This works fine for unfinanced products, but when financing enters the picture, it becomes a "who is the most willing to take on debt" contest. People who can't think ahead win these, the prices are driven up for everyone else, and nobody has a good time in the long term.

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Re:Nonprofit markups.org is exposing the most egregious new ... by jjoonathan on Wednesday August 03, 2022 @10:47AM (#32332499)

Yep. Even worse: the housing market.

The pattern seems to be: if you create value, you get optimized away. If you buy, screw things up to create scarcity, and flip, you make bank.

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Re:Nonprofit markups.org is exposing the most egregious new ... by jollyllama on Wednesday August 03, 2022 @10:58AM (#32332639)

Absolutely. Also, higher education.

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Re:Nonprofit markups.org is exposing the most egregious new ... by jjoonathan on Wednesday August 03, 2022 @11:24AM (#32332997)

Health care, housing, and education -- every year you pay more and get less.

It's like Amdahl's Law for capitalism: some things are easy to optimize, other things aren't, and eventually the things that aren't easy to optimize dominate the system.

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Re:Nonprofit markups.org is exposing the most egregious new ... by grouchomarx on Wednesday August 03, 2022 @12:36PM (#32333907)

fantastic point.

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