Gustav
17 Jan 2012
Real Estate / Residential real estate values go down in Poland [455]
How much is 'much more than they need to'?
For all its failings the capitalist system does a fairly reasonable of allocating resources and matching supply & demand.
Your subjective value judgement is exposed for what is- a Utopian dream of how things should be 'fair'.
Do they teach Brits any basic economics at school?
so you're in the ridiculous situation where people in their 50's had very cheap property, while people in their mid 20's are now paying much more than they need to, simply because the older generation have priced them out of the market.
How much is 'much more than they need to'?
For all its failings the capitalist system does a fairly reasonable of allocating resources and matching supply & demand.
Your subjective value judgement is exposed for what is- a Utopian dream of how things should be 'fair'.
Do they teach Brits any basic economics at school?