this post was submitted on 05 Oct 2023
984 points (92.8% liked)
Memes
45886 readers
1413 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Have you seen how housing prices rose when interest rates were low? Markets work that way because consumers outcompete each other, at least in the housing market. You need a surplus of supply, like the corn market, to keep costs low.
Like @espi wrote, you need fierce competition in all markets.