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The High Cost of High-Cost Housing (urbanprogressmag.com)
1 point by danielmichaelyc on July 2, 2023 | hide | past | favorite | 1 comment



We treat housing like investments. Buying multiple homes to rent out just makes the problem worse because first time home owners are competing with investors who can pay all cash.

Singapore and other Asian countries do a 99 year lease of government land near transit stations that allows a person to have an affordable place to live while they are alive, but not to treat as a speculative investment.




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