Tell that to people who can't even afford rent. Some goods are inelastic because... | Hacker News

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		RevEng on Jan 17, 2025 \| parent \| context \| favorite \| on: Is the world becoming uninsurable? Tell that to people who can't even afford rent. Some goods are inelastic because people need them at any price. Housing prices are good example of that. This is also econ 101.

danielmarkbruce on Jan 17, 2025 [–]

Take econ 101 again. "some goods are inelastic" isn't even a coherent sentence. You are out of your depth.

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