bonjour
désolé pour le retour tardif mais le temps de lire de manière exhaustive les 35 pages ainsi imprimées...
bref pour dire que cet article est un "must read" pour les anglophones...
et si vous n'avez qu'à lire et traduire une petite partie c'est selon moi la suivante: comment expliquer le shortage de surface constructible et de hausse maîtrisée des prix de l'immo par une superbe parabole:
The Parable of the Frozen Oranges
Once upon a time there was a school attended by 10 boys. The school was in a place called "Orange Land" where the great orange dream of all mothers was for their children to eat one orange per day. With this in mind, the boys' mums set up a school canteen, arranged an orange supply from a nearby farm, and sent their children to school with money to buy one orange and other food from the canteen daily.
As happens so often in life, the children were given unequal amounts of canteen money each day. The 1st boy was given $1, boy2 was given $2 and so on, with the richest boy10 getting $10 per day.
For a long time everything worked fine. Every day 10 oranges were delivered to the canteen and sold for $0.20 each. Each boy obediently bought one orange and spent the rest of his money on other things.
The Natural Orange Squeeze
Then one day there was a problem at the orange farm and only 9 oranges arrived from the farm. Fred and Frank ran the canteen, so to handle the shortage they adjusted the orange price to "market price" (via a Dutch auction process) and found that at a price of $2 the demand for oranges was exactly 9. (The boy with $1 missed out).
A few days later only 8 oranges were delivered, so the market price became $3, $24 dollars of oranges were sold, and 2 boys missed out. Later when only 7 oranges were supplied, the market price became $4, $28 dollars of oranges were sold, and 3 boys missed out.
During this orange shortage, some children complained that they could not afford to buy an orange anymore. But Fred's defence was "Supply and demand. The market sets the price, not me".
The school headmaster overheard the grumbling about oranges and asked the canteen if everything was all right.
"Yes sir" said Fred "our orange supply has increased from $2 per day up to $28 per day.”
"Wow that's a strong orange market" said the headmaster "talk about healthy growth."
That night the headmaster spoke to his neighbour, an economist, and bragged about the orange growth. "Wow" said the economist "An income of $10 per day can conservatively be capitalised at $40,000. The orange division of your canteen alone is worth at least $100,000."
Contrived Orange Squeeze
One day things at the farm got back to normal and the supply reverted to the normal 10 oranges. But Fred did not want to see a bad orange market with the price returning to $0.20, so he held back several oranges in the freezer. In fact he found that he could maximise profit if he sold exactly 6 oranges each day at a price of $5 to receive $30 (with 4 boys missing out daily).
Now with Fred contriving to choke the supply of oranges the market price was set by a combination of Fred's restriction and the amount of money each boy could possibly afford to pay. Yet Fred's defence still was to parrot that "prices are set by the market" and the boys ignorantly nodded in agreement and did not blame Fred for their predicament. For the boys did not understand markets.
PS: l'histoire des frozen continue encore mais j'ai sélectionné le début de la démonstration qui est selon moi frappante de bon sens et expliquée dans un langage clair compréhensible par un enfant.
