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Homes used to be far less expensive relative to minimum wage or median income. Landlords and speculation are precisely why homes are so much more expensive now.
by lucian1900 5y ago
Homes used to be far less expensive relative to minimum wage or median income. Landlords and speculation are precisely why homes are so much more expensive now.
- _-david-_ 5y agoIt may have caused some increase in the price, but it would still be out of price for many people. That is why I said $500k instead of $1m which is quite common throughout California. There are other issues like zoning laws which causes increases in housing pricing which wouldn't be solved by getting rid of landlords.