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Those homeowners get richer and richer every year. Their borrowing power increases and even as renters are getting gouged by rising rents, homeowners don't even
by jjeaff 5y ago
Those homeowners get richer and richer every year. Their borrowing power increases and even as renters are getting gouged by rising rents, homeowners don't even have to worry about their property tax going up. This leads to disproportionate political power.