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Re:California bill to add more housing in single-family neig... by anon1m0us on Thursday May 16, 2019 @06:34PM (#19934122)
as I posted somewhere else as well: https://www.fastcompany.com/90305242/taxing-empty-apartments...

There are lots of vacant homes. Foreign buyers are pushing their wealth to the west to protect it from their own governments.

So yes, another strategy to lower housing costs is to reign in foreign ownership.

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