Re:Almost No One Pays a 6% Real-Estate Commission–Except Ame...
by jjoonathan on Friday November 17, 2023 @09:17AM
(#38303888)
We should always have several competing licensing bodies.
1 licensing body: never considers the cost of gatekeeping, only the self-benefit.
2 licensing bodies: they are forced to weigh the cost of gatekeeping against the self-benefit, but you might get a race to the bottom.
3 licensing bodies: they are forced to weigh the cost of gatekeeping against the self-benefit, and if they race to the bottom too hard we can decertify one and retain competition until we can bud off a replacement.
1 licensing body: never considers the cost of gatekeeping, only the self-benefit.
2 licensing bodies: they are forced to weigh the cost of gatekeeping against the self-benefit, but you might get a race to the bottom.
3 licensing bodies: they are forced to weigh the cost of gatekeeping against the self-benefit, and if they race to the bottom too hard we can decertify one and retain competition until we can bud off a replacement.