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by michaelochurch
4811 days ago
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The urban rot problem is intrinsic to real estate. People don't sell when the value goes down. The fuckers hoard for decades (keeping prices artificially high) while the poor suffer and everything goes to hell. Then, after something more like 30 or 40 years, real estate is affordable again (sometimes dirt cheap) and people can buy, but not most of the people who live there. |
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