☆ Yσɠƚԋσʂ ☆@lemmy.ml to Memes@lemmy.mlEnglish · 8 months agoCapitalism illustratedmedia.mas.toimagemessage-square79fedilinkarrow-up1824arrow-down131
arrow-up1793arrow-down1imageCapitalism illustratedmedia.mas.to☆ Yσɠƚԋσʂ ☆@lemmy.ml to Memes@lemmy.mlEnglish · 8 months agomessage-square79fedilink
minus-squareTankiedesantski [he/him]@hexbear.netlinkfedilinkEnglisharrow-up41·8 months agoIf porky owns all the houses he can raise rent to much higher than “market” rates due to having a monopoly on an inelastic good.
If porky owns all the houses he can raise rent to much higher than “market” rates due to having a monopoly on an inelastic good.