Re:Construction has kept rent in Chongqing, China to $75 a m...
by uuwp on Saturday April 13, 2019 @03:50PM
(#19655338)
It's not the corporations, but the current mortgage system. Corp workers with 100-200k pay pair up and put their entire life earnings (30 years) towards a house. Banks back this deal and the couple gets a house they can't really afford. Same with our education system and healthcare. If the gov made a law that mortgage can't exceed 1 year income, prices would adjust to that number.
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