6 ms·
If people can move freely, and there's no price mechanism to allocate housing and construction, there will be problems. So "taking the market out of real estate
by cousin_it 3mo ago
If people can move freely, and there's no price mechanism to allocate housing and construction, there will be problems. So "taking the market out of real estate" is a very big ask. In the USSR you couldn't freely move to another city, you needed to get government approval on the basis of a job change. People complained about this registration system all the time.
- inigyou 3mo agoThere's still a cost. Cost of living in the most popular places is that they're slums, because everyone is building everything. The slum factor will cancel out whatever was making them popular.