logoalt Hacker News

lljk_kennedytoday at 11:39 AM1 replyview on HN

Failure of the markets, and capitalism in general. Surely if the markets worked properly there would be ample housing due to demand?


Replies

_heimdalltoday at 11:53 AM

In much of the west we don't really have markets in any useful sense. Overregulation and financialization ruin markets, and we've allowed both to creep into effectively every market that matters.