• trailing9@lemmy.ml
    link
    fedilink
    arrow-up
    8
    ·
    1 year ago

    Have you seen how housing prices rose when interest rates were low? Markets work that way because consumers outcompete each other, at least in the housing market. You need a surplus of supply, like the corn market, to keep costs low.

    Like @espi wrote, you need fierce competition in all markets.