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Comment by woah

My guess is that while your anecdote may infuriate you, the effect of investors who don’t rent out their homes is negligible on housing prices. The real fix is to build enough housing for everyone. Eliminating prop 13 could help with this, since it would cause homeowners to be penalized for high home values, building political will to build more housing and bring down the prices.
parent woah 8 years ago

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