☆ Yσɠƚԋσʂ ☆@lemmy.ml to Memes@lemmy.mlEnglish · 2 years agoCapitalism illustratedmedia.mas.toimagemessage-square72fedilinkarrow-up1778arrow-down131
arrow-up1747arrow-down1imageCapitalism illustratedmedia.mas.to☆ Yσɠƚԋσʂ ☆@lemmy.ml to Memes@lemmy.mlEnglish · 2 years agomessage-square72fedilink
minus-squareTankiedesantski [he/him]@hexbear.netlinkfedilinkEnglisharrow-up39·2 years 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.