alt Hacker NewsDo you have example of another area the government has higher profit margins than private industry? I can't. And if I was going to think a government would build housing, it would be in places that are cheap and I could mass house a bunch of people, not in hip expensive cities which is what people want when they talk about this.
But surely soviet style huge blocks of tiny t0 apartments all stuck together is a dream...
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hnaccount_rng • today at 10:38 AM
Isn't the US example: Medicare/Medicaid? It has far less costs (i.e. more of the money spend ends up with patient care) and has a reasonably good reputation?
neom • today at 4:24 AM
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> Do you have example of another area the government has higher profit margins than private industry?
Public transit. Capturing enough money from fares is difficult, maybe impossible, but it's quite profitable if you can capture the value generated by the enabled economic activity and raised property values.
The same really goes for most infrastructure. There's a reason the government operates nearly all the roads. Also the fire departments and police stations