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by betwixthewires 1756 days ago
> There are way more people that want to live in these places than houses available.

That's like the saying "government bonds are 0 risk." It's usually true, til it isn't.

These problems with housing costs in these cities absolutely will make the cities less desirable, I think we will see a large deurbanization period in north america very soon and you'll see most of these cities that are constricting supply of housing crumble like Detroit.