Health care yes, housing, no. It's possible to build more housing to meet demand, or for people to move to balance supply/demand vs. prevailing wages. Or to have a smaller home or more room mates.
Housing is often constrained because of real estate owners controlling the political process and eliminating new construction to keep the value of their property high. Not due to economics.
>Health care yes, housing, no. It's possible to build more housing to meet demand, or for people to move to balance supply/demand vs. prevailing wages. Or to have a smaller home or more room mates.
Why do you think healthcare is constrained? The same way housing supply is constrained by zoning regulations and stuff, healthcare supply is constrained by slow diffusion of IP, restrictive immigration policies, inadequate numbers of medical school and residency slots, and restrictive occupational licensing for day-to-day medical care.
It is possible to expand access to care to meet demand, but in the USA we have a system that prioritizes high fees for doctors and hospitals, high returns to student loan providers (medical school debt), and high returns to health insurance providers above access and supply.
Health care yes, housing, no. It's possible to build more housing to meet demand, or for people to move to balance supply/demand vs. prevailing wages. Or to have a smaller home or more room mates.
Housing is often constrained because of real estate owners controlling the political process and eliminating new construction to keep the value of their property high. Not due to economics.