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.
[ Parent
| on HN ]
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.