Re:The anti-abundance critique on housing is wrong
by tptacek on Thursday July 31, 2025 @07:15PM
(#44751283)
"Trickle-down" economics is a direct subsidy for high-income earners meant to spur demand. That's the opposite of what increasing the housing supply does.
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Re:The anti-abundance critique on housing is wrong
by burnt-resistor on Thursday July 31, 2025 @07:20PM
(#44751323)
Totally wrong strawman missing the bigger point. It's still a vague, misguided utopian ideology focused on helping the rich supposedly "overproduce" while doing nothing for everyone else. That's trickle-down economics 101.
Re:The anti-abundance critique on housing is wrong
by jeromegv on Thursday July 31, 2025 @07:55PM
(#44751559)
Supply and demand is not an ideology, it’s the most fundamental way that pricing works in a capitalist society. Has been studied for centuries. To think that supply and demand would not apply to housing and instead be trickle down economics is a hell of a statement.
Re:The anti-abundance critique on housing is wrong
by bee_rider on Thursday July 31, 2025 @08:16PM
(#44751690)
The Supply and Demand model makes some assumptions that are not always true (perfect competition, for example).
The model isn’t an ideology, it is just a model. But there are a lot of ideological beliefs around this stuff. Some people seem to think that all markets have perfect competition, or that the resulting efficient pricing is inherently always good.
Re:The anti-abundance critique on housing is wrong
by tptacek on Thursday July 31, 2025 @07:21PM
(#44751329)
Well, you have the economics wrong, and our ability to handwave at each other about whose policy is "miguided" and "utopian" seems like a pretty boring conversation. Regardless: it's obviously not "trickle-down economics". Trickle-down economics are policies that deliberately and directly subsidize the wealthy in the hopes of spurring demand.