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supply and demand applies to both guns and real estate
Yeah, but the housing market does not have the government putting their thumb on the scale by stating you can only buy a pre-1984 building that was entered into a special government database prior to the cutoff date. That kind of artificial limitation on supply kinda moots any valid economic comparison to markets not facing such limitations. What kind of price would those restricted objects have if people were allowed to buy new production that could be made in economically viable quantities? My guess is "a whole lot cheaper than what we currently see."
 
Yeah, but the housing market does not have the government putting their thumb on the scale by stating you can only buy a pre-1984 building that was entered into a special government database prior to the cutoff date. That kind of artificial limitation on supply kinda moots any valid economic comparison to markets not facing such limitations. What kind of price would those restricted objects have if people were allowed to buy new production that could be made in economically viable quantities? My guess is "a whole lot cheaper than what we currently see."
The effect is the same though, regardless of the cause.
 

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