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[–]magnora7 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

In Europe it's based around wealthy peeps buying up houses and renting them out

Yeah that's happening in the US too. Plus all the people just buying and holding it, with the expectation the value will increase. Treating housing like an investment commodity instead of a place for people to live, is the main problem