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本帖最后由 petric 于 2009-12-3 02:30 编辑
正文:
Grounding on the comparison about effect of estate laws towards housing price between Pine City (P) and Chestnut City(C) ,the author accordingly concludes that law restrictions have no effect on average housing prices, and further suggests that Maple City(M) will follow this rule .However, this argument is logically flawed in the following four main aspects.
To begin with, the author unfairly assumes that the increase of housing prices in P was attributable to the application of laws that limited new building construction. Yet, common sense tells us that, housing price is affected by a combination of supply and demand , decided by a series of factors; not changed by merely one. Perhaps, it is speculations of property investors that cause the blooming price, although the demand was far below the supply; or perhaps other government policies , whose aims were to stimulate purchase capability of the society was account for price changes, such as lowing down mortgage rate and lifting rent of accommodations. If such is the case, law restrictions had only an indirect impact on prices at P.
Secondly ,in spite of C experienced an similar average housing prices without any law limits, the author cannot persuade me into believe that they are ineffective to house prices at C, in relying on the lack of information about what would house price be like if C took strict laws to limit new building constriction just like P's . It is entirely possible that C would prompt its housing price much faster and higher by many times if such laws established. In sum, without considering and eliminating other factors which affect demand and supply, otherwise, I cannot accept the author's implicit claim that the existence of such laws decides the housing prices.
Furthermore, the argument rests on the assumption that P is analogous to C in all respects, just based on the same size. This assumption is weak, since the author assumes without justifying background conditions, such as economic developments, demographic and geographic factors. For example, If C is a denser geographic area or a mountainous city whose utilized land for new construction was in deficiency, the population increase would overwhelm the demand for new housing obviously, whereas in P ,maybe a city with fewer population and less developed economic, only through restrictions on constructions, the demand for housing happened to rocket dramatically. Thus it is entirely possible that laws are effective for the kind of cities like P ,but not for other types of cities like C.
Even assuming that laws limiting new constructions had no effect on average housing prices, it is entirely possible that this experience would not apply specifically to M upon which the argument relies-due to geological, economic, population differences among M, P and C, the sort of factors mentioned above which might lead to increase of price without laws, but would not come into play in M . Besides, laws that were applied twenty years before might not run in the foreseeable future, due to policy changes. If this is the case, then the conclusion would lack any merit whatsoever.
In sum, the argument relies on certain problematic assumptions which render it unconvincing as it stands. In order to draw a better conclusion, the author should reason more convincing , cite some evidence that is more persuasive and take every possible consideration into account. |
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