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A comment on The Portuguese can no longer afford to live in Portugal. Parent comment
If bread and milk were being hoarded by speculators (not some random luxury like truffles) you'd be hearing exactly the same discussion.
The point is that rich people with vested interests are stacking the deck against newcomers.
>market-based system
The free market does not exist. Property markets around the world are being heavily distorted through favourable tax treatment and speculators.
>other than to advantage a particular section of the population at the expense of another
This is business as usual, except that the advantage almost always flows the other way.
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If bread and milk were being hoarded by speculators (not some random luxury like truffles) you'd be hearing exactly the same discussion.
The point is that rich people with vested interests are stacking the deck against newcomers.
>market-based system
The free market does not exist. Property markets around the world are being heavily distorted through favourable tax treatment and speculators.
>other than to advantage a particular section of the population at the expense of another
This is business as usual, except that the advantage almost always flows the other way.