>Temporary disruptions will be handled by the market in the long term This is th... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

andrepd on March 19, 2022 | parent | context | favorite | on: How Zillow's homebuying scheme lost $881M

>Temporary disruptions will be handled by the market in the long term

This is the sort of gospel/dogma that free market absolutists like to propagate, but plainly reality proves this wrong. Markets are a tool, but not a universally useful one.

darkerside on March 19, 2022 [–]

Not so plain to the rest of us. Can you explain what makes this so evident?

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact