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Notes -
This is why unions are better. People teaming up to offer lump some deals drive up the overall price when individual workers would sell cheaper. Same thing housing. If a group hangs up to ban the entire construction of new housing it can drive up home prices. But our system is based on having defectors drive down the price in nearly every business and transactions going to marginal value. Many individuals homeowners would gladly sell off their yard for cash and allowing building in it etc.
They are defecting if you consider getting something and holding onto it and not allowing more of it to be made cooperating. There is another mode of doing things, which is doing things better and doing/building more things.
From a bird's eye view, you want the price of things to go down over time, you want more competition, more things, more goods, more services, and more houses. If your mode of operating is to not grow the pie but instead defend your share then sure, large swathes of humanity operates under those principles.
That’s my point individuals will defect. Sort of a prisoners dilemma where if everyone cooperates to restrict supply of land they can cause the valué to skyrocket in a booming jobs market. But individually a lot of people who paid $500k for their house now worth $1.5 would gladly sell off their backyard for cash.
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