> Housing is like health care in that the market is sorely lacking in its ability to distribute those resources equitably
This is simply untrue, in that it depends on how regulations have set up those markets. There are plenty of markets around the world that distribute both housing and healthcare far more equitably than the US (e.g. Germany).
The problem is that regulatory capture in the US has prevented regulation that would allow equitable distribution. We allow homeowners to prevent equitable distribution of property that doesn't even belong to those homeowners, because the homeowners feel that they have the right to not see an apartment building a few blocks over. For healthcare we set up markets so that really encourage such a disconnect between the payor, care giver, and patient such that nothing can be performed efficiently, and that care givers and paors are incentivized to raise prices as high as possible.
These are market failures, but that doesn't mean that it's impossible to make a market that would work; we just need to choose to regulate the markets into working like the examples we know.
This is simply untrue, in that it depends on how regulations have set up those markets. There are plenty of markets around the world that distribute both housing and healthcare far more equitably than the US (e.g. Germany).
The problem is that regulatory capture in the US has prevented regulation that would allow equitable distribution. We allow homeowners to prevent equitable distribution of property that doesn't even belong to those homeowners, because the homeowners feel that they have the right to not see an apartment building a few blocks over. For healthcare we set up markets so that really encourage such a disconnect between the payor, care giver, and patient such that nothing can be performed efficiently, and that care givers and paors are incentivized to raise prices as high as possible.
These are market failures, but that doesn't mean that it's impossible to make a market that would work; we just need to choose to regulate the markets into working like the examples we know.