• BlameThePeacock@lemmy.ca
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    1 month ago

    It’s just going to take a bit of time. They’re focusing on luxury right now because it’s the highest profit per unit, and you always want to exploit the highest profits as a corporation. As they scale up, they will overflow the luxury market, which is why were starting to see cheaper options start becoming available. It’s a profit maximization strategy that has been around for a very long time for the introduction of new goods.

    The housing thing is a different problem, because that’s dealing with a finite supply of land in places people want to live and the fact that people want things to stay the same “in their neihbourhood”