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this post was submitted on 11 Aug 2023
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It's embarrassing. We all know how to fix this issue, but they refuse to do it because people would lose their paper gains.
The only was this gets solved is if renters become a voting block and demand that prices actually go down. How they get driven down is up to some limited debate. But the real hurdle is having people acknowledge that in order to improve affordability, prices have to actually go down.