https://medium.com/the-ferenstein-w...that-income-inequality-is-actually-2a3b423e0c
Even more interesting for me, in San Francisco where housing costs are skyrocketing you have a housing board obstructing the creation of new housing to provide supply to meet the demand and lower costs. Good for you government regulation.
For other examples of government intervention creating problems based on artificially influencing markets, see:
1. Artificial controls to limit the supply and options for medical providers
2. The Farm bill to artificially lower costs of crops from the US, dismantling Mexico's farming industry, creating poverty, a vacuum for drug cartels and a massive amount of people fleeing into the US illegally
3. Forced risky loans for houses that artificially increase demand, skyrocketing costs and leading to a housing bubble.
4. Artificial access to money for college that allows people to pay more than they'd otherwise be able to afford, leading to huge increases in college education costs due to skyrocketing demand.
List goes on, that's just off the top of my head.
Even more interesting for me, in San Francisco where housing costs are skyrocketing you have a housing board obstructing the creation of new housing to provide supply to meet the demand and lower costs. Good for you government regulation.
For other examples of government intervention creating problems based on artificially influencing markets, see:
1. Artificial controls to limit the supply and options for medical providers
2. The Farm bill to artificially lower costs of crops from the US, dismantling Mexico's farming industry, creating poverty, a vacuum for drug cartels and a massive amount of people fleeing into the US illegally
3. Forced risky loans for houses that artificially increase demand, skyrocketing costs and leading to a housing bubble.
4. Artificial access to money for college that allows people to pay more than they'd otherwise be able to afford, leading to huge increases in college education costs due to skyrocketing demand.
List goes on, that's just off the top of my head.