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The End of a Fair Price: Dynamic Pricing and the Normalization of Gouging

95 points · 128 comments · paimapi

  1. bbor · · focus · HN ↗
    A yes, capitalism; a system that works perfectly as long as communication and data processing technology is innefficent enough to put a natural efficiency limit on all firms. Reminds me of the scandal around rental price "collusion", which ultimately was kinda just really effective software for doing stuff that would normally be fine.

    *ETA:* And FWIW, the author here goes about as far towards that as they can -- a shoutout at the end! Anything else would be decried as biased, after all. Great article; shame it'll soon be downranked by the wonderful machines running this place :(

    1. bix6 · · focus · HN ↗
      You mean like withholding units from the market to overcharge renters when there’s people sleeping on the streets? Totally fine.
      1. EA-3167 · · focus · HN ↗
        Are you under the mistaken impression that chronic homelessness is caused by lack of housing supply? It’s much more correlated with mental illness and addiction in people who can’t be forced into care, but still desperately need it.
        1. bbor · · focus · HN ↗
          Your empirical claims are extremely incorrect, but regardless this whole discussion will be shut down. Shame -- it really was a good article :(
          1. EA-3167 · · focus · HN ↗
            <a href="https:&#x2F;&#x2F;www.humanrightsresearch.org&#x2F;post&#x2F;the-intersection-of-homelessness-and-mental-illness" rel="nofollow">https:&#x2F;&#x2F;www.humanrightsresearch.org&#x2F;post&#x2F;the-intersection-of...

            <a href="https:&#x2F;&#x2F;americanaddictioncenters.org&#x2F;rehab-guide&#x2F;addiction-statistics-demographics&#x2F;homeless" rel="nofollow">https:&#x2F;&#x2F;americanaddictioncenters.org&#x2F;rehab-guide&#x2F;addiction-s...

            <a href="https:&#x2F;&#x2F;www.samhsa.gov&#x2F;communities&#x2F;homelessness-programs-resources" rel="nofollow">https:&#x2F;&#x2F;www.samhsa.gov&#x2F;communities&#x2F;homelessness-programs-res...

            <a href="https:&#x2F;&#x2F;www.congress.gov&#x2F;crs-product&#x2F;R44302#_Toc437336722" rel="nofollow">https:&#x2F;&#x2F;www.congress.gov&#x2F;crs-product&#x2F;R44302#_Toc437336722

            It’s not exactly a cryptic relationship, and it implies the need for more than just housing, people need serious inpatient care or structures outpatient programs and those are hard to fund. It’s doubly challenging because of how the US mental health system changed in the 1980’s… very much for the worse.

            At least you didn’t assume I was arguing against housing.

            1. bbor · · focus · HN ↗
              ...did you just link to &quot;American Addiction Centers&quot; as proof that the root cause of homelessness in the US is drug addiction? I... I can&#x27;t believe this is the level of rigor that justifies such horrible cruelty. Just mind boggling.
              1. EA-3167 · · focus · HN ↗
                I linked to multiple sources, why cherry-pick the one you deem the weakest?
                1. bbor · · focus · HN ↗
                  With all politeness: because it shows beyond a doubt that you are arguing in bad faith, using post-hoc reasoning.
                  1. EA-3167 · · focus · HN ↗
                    You’re making a lot of wrong assumptions about my argument based on what appears to be an expectation that anything less than a tonal echo of you is a rejection of the concept of providing housing. All of this in an environment that explicitly instructs us to charitably interpret what others are saying.

                    The internet is full of places to pick a dumb fight and declare your moral superiority, this doesn’t need to be one of those places.

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