Yep. Even worse: the housing market. The pattern seems to be: if you create valu... | Hacker News

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		jjoonathan on Aug 3, 2022 \| parent \| context \| favorite \| on: Nonprofit markups.org is exposing the most egregio... Yep. Even worse: the housing market. The pattern seems to be: if you create value, you get optimized away. If you buy, screw things up to create scarcity, and flip, you make bank.

jollyllama on Aug 3, 2022 [–]

Absolutely. Also, higher education.

jjoonathan on Aug 3, 2022 | [–]

Health care, housing, and education -- every year you pay more and get less.

It's like Amdahl's Law for capitalism: some things are easy to optimize, other things aren't, and eventually the things that aren't easy to optimize dominate the system.

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