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atleastoptimallast Tuesday at 2:12 AM3 repliesview on HN

Those are all expensive because of artificial barriers meant to keep their prices high. Go to any Asian country and houses, healthcare and cars are priced like commodities, not luxuries.

Tech and AI have taken off in the US partially because they’re in the domain of software, which hasnt bee regulated to the point of deliberate inefficiency like other industries in the US.


Replies

tyrelast Tuesday at 2:18 AM

If we had less regulation of insurance companies, do you think they’d be cheaper?

(I pick this example because our regulation of insurance companies has (unintuitively) incentivized them to pay more for care. So it’s an example of poor regulation imo)

show 3 replies
refactor_masterlast Tuesday at 3:09 AM

> Go to any Asian country and houses, healthcare and cars are priced like commodities, not luxuries.

What do you mean? Several Asian cities have housing crises far worse than the US in local purchasing power, and I'd even argue that a "cheap" home in many Asian countries is going to be of a far lower quality than a "cheap" home in the US.

websiteapilast Tuesday at 2:44 AM

you mean the same Asia that has the same problem? USA enjoying arbitrage is not actually a solution nor is it sustainable. not to mention that if you control for certain things, like house size for instance relative to inflation adjusted income it isn't actually much different despite popular belief.