[arin-ppml] Will the price per IP really be affected by thetransfer market introduced in 2009-1?
tedm at ipinc.net
Thu May 14 17:04:09 EDT 2009
> -----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.
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
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