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High-Income Earners Are Renting Instead of Buying Homes

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Building a Housing Co-Op

"What I've kept hoping for is a crash, which in full disclosure is not fair to the rest of you," he says. "The real estate market is so vital to the way that we've structured our house of cards That last things to crash. There will not be this bargain basement sale opportunity anytime soon." He hopes to start a housing co-op 'with no profits, just homes' The group would welcome anyone making more than $100,000 per year to live with them.

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