the simplest and quickest response to any weird theories about housing prices is "Tokyo"
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If healthcare wouldn't be cheaper without the regulations, why do people fly thousands of miles internationally for medical tourism? Why do different countries specialize in different forms of cheap surgeries? It's ALL about differing legal landscapes.
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Good point about positive sum and negative sum. Non-trivial amount of rent seeking behavior in medicine/healthcare. And w/ credentialism, hard to break out of Nash Equilibrium
Thanks. Twitter will use this to make your timeline better. UndoUndo
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imagine if we restricted supply of doctors and allowed people access to more and more credit to bid for their life saving services against others? This is getting closer to housing in some geographies.
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Sounds like the private medical system
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