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I posted this yesterday on an unrelated thread but it is again relevant here: every problem in Anglo societies comes back to property and housing prices.


You could probably generalize that cleanly to comes back to rent seeking behavior.

Literal landlords are just where ordinary people notice they're getting squeezed.


They are all just following the basic principle of pricing everything as high as the market can handle.

Too bad advances in data science has made the margin so tight that people are feeling squeezed.


This is true for most of the West / developed nations / developed cities.




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