Generation Whine

abaxas

Generali wrote: »

How would you reflect the scarcity of land in places like Central London? Price reflects scarcity not necessarily cost of production.

So what you are saying is that since London has little or no agricultral land. People in the country should charge them 4x as much for food?

Also, business moves to where it's most cost effective. Which sorts out 99% of your argument. However it cant due to land manipulation.

ILW

abaxas wrote: »

You are confusing open and manipulated markets.

Anyone who makes someone has the right to charge what they like, the decision of purchase comes from the buyer. Ie the price is set by what the market will take.

Housing is different as there is a block on supply via market manipulation, ie the 1947 housing act.

Dont you find deliberatly casuing rationing of human need a little sick? Lots here do, maybe we should ration their healthcare? Food? etc?

There is no rationing, you are talking twaddle.

abaxas

ILW wrote: »

There is no rationing, you are talking twaddle.

LOL

Post of the decade!

pinkteapot

abaxas wrote: »

Dont you find deliberatly casuing rationing of human need a little sick?

The human need is for shelter, NOT to own a house. There's a big difference.

abaxas

pinkteapot wrote: »

The human need is for shelter, NOT to own a house. There's a big difference.

Exactly, but how does a human obtain shelter? Either by buying or renting that shelter. The rent is (usually) set at margin on the price of buying. The two are basically the same.

Generali

abaxas wrote: »

So what you are saying is that since London has little or no agricultral land. People in the country should charge them 4x as much for food?

They could certainly try and they'd get 10/10 for effort from me. Unfortunately, a food supplier that tried this I suspect would find that in a competitive market they end up selling very little.

Food isn't very scarce in London because Londoners do work that provides them with money that is accepted as a medium of exchange that allows them to trade.

abaxas wrote: »

Exactly, but how does a human obtain shelter? Either by buying or renting that shelter. The rent is (usually) set at margin on the price of buying. The two are basically the same.

Rents are set by the supply and demand for rented accommodation, house prices by the supply and demand for purchased housing. There will be some connection but it's too simplistic to say that people get a mortgage and slap a margin on top.

pinkteapot

abaxas wrote: »

Exactly, but how does a human obtain shelter? Either by buying or renting that shelter. The rent is (usually) set at margin on the price of buying. The two are basically the same.

They are not the same, unless you rent a place on your own. Again, this is not a human NEED. You can live with family, share a house with friends, and then there's benefits, council housing etc.

abaxas

pinkteapot wrote: »

They are not the same, unless you rent a place on your own. Again, this is not a human NEED. You can live with family, share a house with friends, and then there's benefits, council housing etc.

So what you are saying, is that you have to rely on others to provide this need?

You are not allowed to be self sufficient?

FTBFun

abaxas wrote: »

You are confusing open and manipulated markets.

Anyone who makes someone has the right to charge what they like, the decision of purchase comes from the buyer. Ie the price is set by what the market will take.

Housing is different as there is a block on supply via market manipulation, ie the 1947 housing act.

Dont you find deliberatly casuing rationing of human need a little sick? Lots here do, maybe we should ration their healthcare? Food? etc?

Right so because developers have to get planning permission now this is "market manipulation". Hmmmm.

Generali

abaxas wrote: »

So what you are saying, is that you have to rely on others to provide this need?

You are not allowed to be self sufficient?

We rely on others to supply most of our needs. Why would housing be any different? One of the benefits of living in a society is that we gain from specialising and doing what we are good at.