@DadSavesAus @peter_tulip We could easily have 1 billion population and house prices 1/3rd of what they currently are, if governments reduced planning and zoning laws.
@DdcShawn @TheBushArchive Agree with the first two, but the housing crises in the western world is due to housing regulations, and they all began in the 1960s.
@AshDom12@AvidCommentator Supply needs to be increased. If we reduced housing regulations, we could still have complete open borders and enough supply to reduce house prices to Minimum Profitable Production Cost.
@StewSieBar @vass_and_@AGLEnergy We could if renewables were cheaper than other forms of electricity generation.
But they're not, because they require subsidies.
@simonahac@PeterDutton_MP The world's fastest build-outs of clean energy have ALL been nuclear. The data seems to suggest you're wrong, from a system-wide standpoint.
@cezarybaginski@Swoleguard@cafreiman Economists say workers earn on average their marginal product, or higher.
So objectively, surplus value doesn't exist.