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A comment on The case to legalize single-stair multifamily housing. Parent comment

Re:The case to legalize single-stair multifamily housing by eru on Thursday January 18, 2024 @07:56PM (#39050276)
Cartel's can't just magically set prices.

They can withhold supply, and that might have an effect on market prices.

[ Parent | on HN ]
Re:The case to legalize single-stair multifamily housing by astrange on Thursday January 18, 2024 @08:26PM (#39050502)
You can't pay the mortgage on a place you're not renting out though, so they mostly can't withhold supply.

It applies more to things like retired people living by themselves in a 3 bedroom house.

[ Parent | on HN ]
Re:The case to legalize single-stair multifamily housing by eru on Thursday January 18, 2024 @08:29PM (#39050525)
OK.

Though if they can't withhold supply, how are those cartels supposed to hold up prices, then?

[ Parent | on HN ]
Re:The case to legalize single-stair multifamily housing by astrange on Friday January 19, 2024 @02:38AM (#39052683)
They don't, it's not real.

(Except that they can prevent construction of new units through zoning.)

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Re:The case to legalize single-stair multifamily housing by tremon on Friday January 19, 2024 @03:25PM (#39060609)
Ehm, what? Of course cartels can magically set prices. That's what a cartel is for: to make collusion easier.
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Re:The case to legalize single-stair multifamily housing by eru on Monday January 22, 2024 @04:00AM (#39087654)
Even OPEC can't magically set prices. Cartels make collusion easier, but you still have to do concrete steps to raise market prices.

OPEC does that via production cuts. Or rather tries to do that.

[ Parent | on HN ]