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by Karrot_Kream
52 days ago
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I think housing in the US is just such a complicated space (Fannie/Freddie backstopped loans, ridiculous zoning and building requirements (FAR, setbacks, etc), environmental laws, varying property tax regimes, prevailing wage requirements for building in places, etc that it's just really difficult to understand. It's like a ridiculously complicated layered system of public and private regs and incentives that lead to very inscrutable results. |
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