[arin-ppml] Will the price per IP really be affected by thetransfer market introduced in 2009-1?

[Ted Mittelstaedt]

> -----Original Message-----
> From: Joe Maimon [mailto:jmaimon at chl.com] 
> Sent: Thursday, May 14, 2009 1:54 PM
> To: Ted Mittelstaedt
> Cc: 'Martin Hannigan'; 'ARIN PPML'
> Subject: Re: [arin-ppml] Will the price per IP really be 
> affected by thetransfer market introduced in 2009-1?
> 
> 

> >   
> Sure they do, but nobody ever says the road to pareto 
> efficiency isnt bumpy.
> > There are many many examples of people who could have short-sold a 
> > second home and walked away with a minor capital gains penalty, but 
> > due to a refusal to countenence taking a loss, gambled and 
> ended up in 
> > foreclosure and bankruptcy and lost their primary home too.
> >   
> And that is good news to buyers. And your example disproves 
> your own thesis namely, that price can be held artificially 
> high for extended periods of time.
> 

Come again?

  I'd call sitting on a home for 2 years instead of selling it 6 months
later a prime example of holding a price artifically high for an
extended period of time.  Hopefully that doen't happen with IPv4.

  I don't say though that I believe the idea that the more you
interefere the worse the comeuppance is at correction time.  The
US financial sector is a prime example of an industry with very 
little interference and terrible comeuppances at correction time,
just ask Benie Madoff

Ted