this post was submitted on 12 Jul 2023
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Your parents almost certainly voted to restrict the supply of housing so they could artificially inflate their houses value and retire off of their house.
The causes of the housing shortage are known. We can change it.
It a little hard to blame them since they were sold the end of pensions and rise of the 401k. Which the bottom 60% of the country has close to zero of and then they can't make a living wage because the shareholders demand a greater return every year.
You're right. It's basically every Americans dream to buy a house, and sell it for a massive profit.