logoalt Hacker News

inglor_czyesterday at 9:25 PM2 repliesview on HN

Two of the three (housing and education) don't seem to be caused by that.

Neither restrictive zoning, nor the administrative bloat in academia that caused tuition to skyrocket, were lobbied into existence by people like Bezos and Musk. They are result of tireless lobbying of relatively unimportant people seeking their own little rent.


Replies

nullocatortoday at 1:48 AM

Aren't most of the housing issues in this country NIMBYism and zoning? NIMBYism lead by vocal, wealthy property owners? Zoning controlled by governments lead and captured by wealthy and corporate interests?

show 2 replies
FireBeyondyesterday at 10:54 PM

> nor the administrative bloat in academia that caused tuition to skyrocket

While, let's be clear, administrative bloat in academia is a very real issue, pointing to that as the true root issue is far more nebulous. Student loans being made non-dischargeable by bankruptcy meant that universities could afford to raise tuitions because lenders would be happy/ier to fund those loans because they will get their pound of flesh, even if it takes decades longer than designed.