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Who Killed Affordable Housing?
Science Vs
The Rise and Fall of Credit
After interest rates changed, banks could lend more money to a lot more people. That means so many more people can even put in the bid for these ridiculous price houses. And you know, if prices go up, that makes housing more valuable and that attracts investors. So then you got all these investors who don't necessarily want to live in it, but just want to pop their money there.
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