A random liberal meme made me think: "Housing cannot be simultaneously affordable and a source of wealth". I'm sure that oversimplifies and misses some things, but I think there's something to it. If it's a good enough investment class, Big Money will snatch it up. If it's not an investment, it's an alternative to rent and you pay money to live in a place but with a different structure.
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Date: 2021-09-27 02:23 pm (UTC)