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Junk-trash t1_ixwfi44 wrote

Reply to comment by Wowzlul in What Does Queens Need More, a New Park or a New Train Line? by mikeymiggz

And then became hoarded by the oligarch class and corporations

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yoshimipinkrobot t1_ixwqxd2 wrote

Citation

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Wowzlul t1_ixxcwxv wrote

To be fair I didn't provide a citation either

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Junk-trash t1_ixz3wp7 wrote

Also google

“Shrinking middle class” “Income to buy a house” “Investors buying single family houses” Etc.

The historical middle class cant afford to buy houses anymore because the investor class drove up the prices with speculation.

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yoshimipinkrobot t1_iy0a23w wrote

The first part is true but the second part is not. It’s because liberals want to find a capitalist enemy so they don’t have to take responsibility. The cause is by and large boomers, including liberal ones, opposing the building of new housing in places with jobs. When boomer kids (the biggest generation ever) entered the job market, demand doubled but supply hadnt grown

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Junk-trash t1_iy0bpi6 wrote

I dunno about those labels but I thought liberals support capitalism.

The speculation factor is huge. Boomers are also a problem

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