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stellar678 | 4 years ago
They are caused and enabled by land-use zoning that uses state force to limit the use of private property, along with massive market distortions like government-funded freeways and the building of low-density infrastructure without a sustainable mechanism to pay for maintenance and operation of that infrastructure.
But I'm also not a free-market absolutist and I'm not sure I believe there has ever been an unencumbered free market. Markets are just a mechanism to organize and manage a complex system. There are always forces in place which nudge the overall behavior in one way or another while still leaving the market interactions to hash out the details. That's fine - we just need to nudge things is the "right" direction.
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