‹ BackHN Continuity

Thread

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. alphawhisky · · focus · HN ↗
          Are you under the mistaken impression that housing is not a human right? Do you protest your taxes being too high in response to this argument? They're much more correlated with the total number of children in 3rd world countries that got blown up in a given year. I can't force you to care, but you still desperately need it. Fiscally, it's asinine to talk about the costs associated with this if you refuse to care about the actual holes in the US's pocketbook.
          1. hyperlinerapp · · focus · HN ↗
            Is housing now a human right in liberal-land?

            I guess God needs to get going building a house for every baby!

            Call me when vanilla ice cream is a human right please!

Open on Hacker News to reply ↗

Unofficial Hacker News client; not affiliated with Y Combinator.