Reply to the following response in a polite engaging manner: This article is extremely interesting , thankyou for sharing it, this is a great example of a concrete problem where the notion of equilibrium is applicable , economics effects everyone and everything, the market is constantly changing (supply and demand) , and we have seen this market equilibrium shift right in front of us with things such as graphics cards or home prices, these are examples of objects not in market equilibrium but have a market equilibrium that could be achieved if the supply would increase of either or the demand is lowed for either. a good note on the goverment polices is how out of no where new York and some other places were able to change there laws to demand minimum 30 day or 6 month rentals to destroy airbnb's that are raising rates for everyone who cant afford to go airbnb and are just barley scrapping by. The world is a closed system for the most part and how interconnected everything is and how objects such as the home buying market can be effected by the home renting market and all is affected by inflation and inflation