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4 points

If housing were cheap why wouldn’t renters just by or go into co ops.

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2 points

Owning a house takes a lot of money that renters don’t necessarily have

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3 points

And take a wild guess about why they don’t have that money

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1 point

It wouldn’t take lots of money of there were no landlords. The average home takes only 300 labor hours to build. Homes are expensive because of the rent can pull in, not because they’re expensive to build.

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Housing Bubble 2: Return of the Ugly

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