Friday, December 23, 2011

This is what faith in "the market" looks like....

"In the same way that market pricing eliminates shortages
of hotel rooms, food, clothing, and gasoline in Manhattan,
market-based pricing for rental housing would just as
effectively eliminate the shortage of housing."

So says Mark Perry, commenting on the Supreme Court's
willingness to hear a case on the constitutionality of the rent
control laws in NYC.  Full post is here.

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