> -----Original Message----- > From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On > Behalf Of John Williams > Sent: Saturday, November 08, 2008 1:09 PM > To: Killer Bs (David Brin et al) Discussion > Subject: Re: choice... > > On Sat, Nov 8, 2008 at 11:02 AM, Dan M <[EMAIL PROTECTED]> wrote: > > Houses here are cheap for several reasons: > > > > 1) There aren't rules/laws that artificially inflate housing prices. > > No government interference? And no bubble? What a surprise!
Bubbles exist for many reasons. In this case, I agree with you that much of the inflated land value in California is artificial, and due to government intervention. The .com bubble wasn't. It was due to people believing in a rather fanciful understanding of the free market. You don't have to, of course, but I think it would be good if you read my posts with an eye towards understanding my position. As David and Nick can testify, I've been talking about people using regulations and laws to artificially inflate prices in the Bay area for a while (I ranted on a bit about this when we had lunch together last March). So, I see myself towards the center of the range of understanding of the extent the government needs to be involved. Dan M. _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
