Isn't this a similar issue of doctors raised by taxpayers money doing hair transplant and cosmetic surgeries instead of working in much less profitable hospitals with sick people or European scientists and engineers risen by public education working in American tech companies or super rich people from all over the world buying all the homes in London which is valuable not because of its resources but because of the people there and now causing housing problems?
They all have the same issues:
1) Pricing that doesn't account for externalities.
2) Those who bear the consequences are not those who reap the benefits
They all have the same issues:
1) Pricing that doesn't account for externalities.
2) Those who bear the consequences are not those who reap the benefits