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Northstar1989 t1_iy4omm2 wrote

>the rapid rise in home prices can benefit existing owners when they sell and leave the area.

Again, once.

In the long run, even existing owners (who are younger, and still looking to upsize rather than downsize) get screwed, as well as everyone who doesn't currently own a home and rents.

Not coincidentally this latter group is disproportionately poor, brown, and young. All groups conservatives love to screw over.