nobody in Europe is talking about the polish housing supply miracle.
The median household in polish cities (!) now only spends 13% of their income on housing.
They build about 200k units a year for a 36 million people country.
"abundance needs to consider that private equity investors are buying single family homes"
NO! that's exactly not the point of abundance. It says to build so much housing that private equity firms lose interest because there's no longer artificial scarcity to exploit.
what I dislike about unions is their expectation of receiving societal deference, like we have a debt towards them when they're just self-interested rent seekers like everyone else.
there are literally socialist parties with tens of thousands of members, yet they never seem to start any cooperatives even though they could easily pool the capital to do it
Socialists will really be like, “You believe in capitalism? That pales in effectiveness to my strategy, establishing worker cooperatives,” and then not establish a worker cooperative
he's absolutely right, concert tickets sell out extremely fast and regularly get resold for way higher prices. logically that means there is still a massive potential for price increases.
The CEO of Live Nation-Ticketmaster says that concert tickets are "underpriced" and have been "for a long time."
He also believes there's plenty of room to raises prices.
