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@RichardLayman; small correction.

market is useful for price discovery; trying to set prices outside a market environment can be difficult.

Setting a price on a scarce item is a useful way to allocate that item. There are other ways to do so besides pricing (let every car that has as odd number at the last registration park free that day).

And yes, the problem we are trying to stuff too many new people into old neighborhoods without paying for more underground parking and utilities. Thanks Shouppy!

by charlie on Dec 6, 2012 9:02 am • linkreport

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