No service workers left for Silicon Valley suburb of Los Altos (median home price $2.8M):https://twitter.com/latc/status/860553538975350784 …
In Germany, homeownership isn't emphasized as much. For many older Americans, homeownership *is* the pension fund and retirement plan so
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You'd have to emphasize another store of wealth or source security of economic security if you wanted to De-emphasize housing appreciation
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Los Altos definitely emphasizes regulation. It just regulates everything out. It doesn't care bc it's majority homeowner.
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