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

[Kevin Kargel]

> 
> 
> > -----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.

Sitting on a house and not selling it is just not selling it.  A price is
only established when there is a sale.  If I want to ask $2million for my 2
year old chevy I can do that, I won't sell it, and it does not establish the
price for two year old chevy's at 2 million.

> 
>   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
.
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