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Why the housing crisis can undo 30 years of economic growth

The David McWilliams Podcast

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Good and Bad Wealth

House prices went up by 97 billion in the first quarter of this year alone. As house prices increase, everything else decreases relative to that. The people who can't afford houses are being shunted into the rental sector. So we're impoverishing an entire part of our country. We've got to be serious about land hoarding and you can back your property on rent.

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