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Housing Problem
E-mail: bubbles@alwaysgolfing.com
Many economists argue that market solutions are more efficient than government agencies in providing services even when it comes to “merit goods”. In the discussion of , I would disagree with the economist’s view. Housing is a very complicate issue that I believe it will work the best by the cooperation of market and government agencies. The Canadian government has worked for many years on the housing issue, but does not seem to have any adequate solutions to solve the problem. The housing market, unlike other industry, has a dominant feature of inelastic short-run supply. This characteristic ....
Word count: 698 - Page count: 3
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