Comment Re:Increase housing supply you ninnies! (Score 2) 169
The Soviet Union never set prices based on "consumer activity".
I base this only on claims made in Adam Curtis' new film TraumaZone, in which the final Soviet experiment is detailed. The one in which they tried to create a computer system to run communism in a single city. Perhaps the details of this are incorrect, but it's not important.
The software just helps landlords to avoid underestimating demand.
It seems that what the software does is push the rent as high as possible, to the extent that it calculates having some apartments empty is worth it. The supply is being de-facto withheld, by pricing out of the reach of most people.
From the landlord's viewpoint, this suggests that rents were lower than they needed to be.
Lower than they could be, not lower than they needed to be. This is peoples homes, after all.