it's the developers working together to keep the rents and prices high for profit. This is why prices are through the roof, even with other items, like food.
I have been living in Newark nj for 65 years and the living conditions are so bad crime is sky high city hall and the mayor doesn't give a dam about you and I'm definitely not voting for a mayor just because we never had a black governor
7:41 Ooooohhhhh, we just need a governor that's willing to say out loud "We have a crisis, there's not enough housing" and is "willing to put forward a proposal". Want to say what that proposal is on the record here? No? Great. Also a Republican itching to reshape a supreme court... that certainly hasn't lead to anything bad recently...
I love how foolish these politicians are. The solution to housing is the state to pass a zoning law making it waaaaaay easier to build. A law overruling the towns and counties. Let all the greedy capitalists build much more. The only way to have enough houses is to build more houses. If the greedy capitalists can build they will do it faster and cheaper. And then undercut each other for the pricing. Central planning never works, just like it didn't work till now. And you don't need government "help," you need them out of the way. Politicians are the ones who caused the problems.
Wrong, it's the developers working together to keep the rents and prices high for profit. This is why prices are through the roof, even with other items, like food.
@@user-ux8hg8bk3e This is a mistake. The only way for this to happen is if every developer would collude together to create a monopoly. If even a small amount of them decide to undercut everybody, and charge a bit cheaper the collusion falls apart. The other ones will simply build houses and sell them for a drop cheaper. And the collusion busts. There is no monopoly on the housing market created by corporate collusion. The solution to this greed is increasing supply. The only reason why they aren't able to undercut each other and build houses for cheaper, is because of the government. "NIMBY" laws, especially next to inner cities, restrict the developers from undercutting each other. Corporate greed is only a problem when corporate welfare (usually from Republicans) to help specific corporations, and regulations designed to restrict the greedy capitalists (usually from Democrats) control the supply. When they can all compete they all undercut each other by increasing supply and when the supply increases they basically "dig their own grave." (There are other reasons such as incentives for reducing costs by raising efficiency but that is a while different topic.)
@@user-ux8hg8bk3e You clearly get your understanding about economics from politicians, not economists. There are monopolies in certain places. But virtually every monopoly in the world has been created by the government restricting the free market. Greed monopolizes market only when the government gives them the ability by restricting the market. Otherwise they cut each other off reducing prices by increasing supply. This is the most basic level economics. As explained by Adam Smith until the economists of today. I encourage you to research what economists say, not politicians. And I mean both parties. Remember no politician will ever admit they are the problem.
it's the developers working together to keep the rents and prices high for profit. This is why prices are through the roof, even with other items, like food.
We missed you, Brianna.
This state is better set up for people that don’t want to work. Our collective taxes pay for programs on programs. Take a look around, folks.
I have been living in Newark nj for 65 years and the living conditions are so bad crime is sky high city hall and the mayor doesn't give a dam about you and I'm definitely not voting for a mayor just because we never had a black governor
7:41
Ooooohhhhh, we just need a governor that's willing to say out loud "We have a crisis, there's not enough housing" and is "willing to put forward a proposal". Want to say what that proposal is on the record here? No? Great.
Also a Republican itching to reshape a supreme court... that certainly hasn't lead to anything bad recently...
None of these guys will make it! The next Governor of NJ will be Bill Spedia!
I love how foolish these politicians are.
The solution to housing is the state to pass a zoning law making it waaaaaay easier to build. A law overruling the towns and counties. Let all the greedy capitalists build much more. The only way to have enough houses is to build more houses. If the greedy capitalists can build they will do it faster and cheaper. And then undercut each other for the pricing. Central planning never works, just like it didn't work till now. And you don't need government "help," you need them out of the way.
Politicians are the ones who caused the problems.
Wrong, it's the developers working together to keep the rents and prices high for profit. This is why prices are through the roof, even with other items, like food.
@@user-ux8hg8bk3e This is a mistake.
The only way for this to happen is if every developer would collude together to create a monopoly. If even a small amount of them decide to undercut everybody, and charge a bit cheaper the collusion falls apart. The other ones will simply build houses and sell them for a drop cheaper. And the collusion busts. There is no monopoly on the housing market created by corporate collusion. The solution to this greed is increasing supply.
The only reason why they aren't able to undercut each other and build houses for cheaper, is because of the government.
"NIMBY" laws, especially next to inner cities, restrict the developers from undercutting each other.
Corporate greed is only a problem when corporate welfare (usually from Republicans) to help specific corporations, and regulations designed to restrict the greedy capitalists (usually from Democrats) control the supply.
When they can all compete they all undercut each other by increasing supply and when the supply increases they basically "dig their own grave." (There are other reasons such as incentives for reducing costs by raising efficiency but that is a while different topic.)
@@DaveSmith-pm2yq They are definitely colluding to raise the rents even in some states they have sued devolpers over this.
@@user-ux8hg8bk3e You clearly get your understanding about economics from politicians, not economists.
There are monopolies in certain places.
But virtually every monopoly in the world has been created by the government restricting the free market.
Greed monopolizes market only when the government gives them the ability by restricting the market.
Otherwise they cut each other off reducing prices by increasing supply. This is the most basic level economics. As explained by Adam Smith until the economists of today.
I encourage you to research what economists say, not politicians. And I mean both parties.
Remember no politician will ever admit they are the problem.
@@DaveSmith-pm2yq Sorry, but that isn't modern reality. It is a whole different world from when Adam Smith was around.