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by seanmcdirmid 1140 days ago
Yes, the housing being too expensive because too many people have too much money is a major problem to solve. You’d think people fleeing to Texas would lead to lower housing prices, but that isn’t really occurring. I guess that’s the difference between fleeing due to “it’s too crowded, so everyone is leaving” (ie San Francisco) in contrast to fleeing due to a lack of economic opportunities (ie Detroit).