this post was submitted on 11 Aug 2024
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[–] Gsus4@mander.xyz 7 points 3 months ago* (last edited 3 months ago) (1 children)

Housing is often a market failure, because construction does not respond dynamically to house prices due to some regulations and nimbys.

[–] scarabic@lemmy.world 4 points 3 months ago

It is, though there are more forces than that at play.