This is a startlingly bad and callous take.
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Replying to @HenryKraemer @spakhm
Also like most housing in America actually is subsidized, just regressively, in the tax code and through the GSEs and in Calif, through Prop. 13.
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The damn thing might be luxury *bc* of the regressive subsidy/protection structure enabled by govt.
8:27 AM - 2 Aug 2019
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