this post was submitted on 04 Jul 2024
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Housing Bubble 2: Return of the Ugly
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A community for discussing and documenting the second great housing bubble.
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So long as politicians have a monetary incentive to avoid properly regulating housing because they themselves are landlords, it means that the supply and quality of housing will be restricted. Thr value of individual properties will always go up in the long term, but the barrier to entry will always be higher than I can clear. Even if I worked my ass off for a decade, I wouldn't be able to own my own home.
WTF am I supposed to do?