Re:Why so many people are moving to Texas
by DamnYuppie on Friday May 31, 2013 @12:41PM
(#5799636)
Competition generally drives prices down. Governments involving themselves in the marketplace generally drive prices up.
That sounds like supply-side competition, which does drive prices down.
When talking about competition over housing, you have a somewhat fixed supply but high competition on the demand side. In that case, prices go up.
As far as the industrial history, yeah, service economy, information age, yadda yadda.
And I agree on Wall St, I pretty much despise them. But if you're going to preach unfettered capitalism via low taxes you should be worshipping it.