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Why build a 500k house on your expensive lot when you can build a 1.5M house. Capitalism does not in any way optimize for the middle class


By the same token, why stop at 1.5M and not build a 15M mansion? Or 150M palace? Because you need to build what will meet the demand, not just most expensive thing ever that nobody will buy. Capitalism is the most effective mechanism to satisfy market demand for every group, if unrestricted by well meanjng but poor regulation that distorts the market




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