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0 pointsparineum1mo ago0 comments

Every economic decisions has that "at the price I want" caveat at the end of it?

There's no housing shortage, just a shortage of house at the right place and price. Different places have the right price, the right places don't have the right prices.

There's no job shortage, just a shortage of jobs that pay what I want and am qualified for.

Shortages happen in controlled economies, capitalism just adjusts prices.

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Scarblac1mo ago

Houses are different. There is a finite number of them at any time and if there are not enough for everyone, there's a shortage.

If wages are too high, then some work just doesn't get done, some business plans are now unviable.

But everybody needs a place to live.

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