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Housing is neither liquid nor fungible. There are a limited number of single family homes and existing homeowners do everything in their power to prevent more f
by quickthrowman 2y ago
Housing is neither liquid nor fungible. There are a limited number of single family homes and existing homeowners do everything in their power to prevent more from being built.
Give it 20 years and we’ll be where Canada, Australia, and the UK are where a house is 10x or more the median yearly salary.
I’ve come to terms with the fact that I’ll never own a house because of the greed of exisiting homeowners and the cowardice of politicians. It is what it is, and it’s entirely out of my control.