• @Resonosity
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    15 months ago

    The house price just fluctuates continuously and when the “investor” or “scalper” purchases it, it was available at that price for everyone

    The goods from manufacturers are available at that price for everyone too, right?

    And then as another commenter said, sometimes down payments on housing are outside the budgets of certain groups in society - a point I suppose you can also make for the manufactured goods too.

    I think the difference with the first 5 is that a manufacturer sets the price, scalpers purchase it by that price and sells it at a much higher one.

    I don’t see the difference here with housing. If a real estate owner buys a property then sells that property for higher than they purchased it, the market will either respond by buying or not. The same is true for manufactured goods: if the price set at MSRP doesn’t not elicit a response from the market, then the manufacturer may lower their prices until a response is drawn - or hold out until the rest of the economy shifts (a gamble on the part of the manufacturer).

    I don’t think your reasons substantiate your claims.