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YoudamanSteve t1_ir8buj8 wrote

Reply to comment by laffingriver in sunshine and national by laffingriver

I take your point and somewhat agree in areas.

City’s, states, federal government subsidize business interest for “jobs they create”, that money could be used to do anything. Subsidizing entry level home building could be one.

Fed want to curb inflation through interest rate hikes, to lower demand and cool the job market. They could easy set 2 levels of interest rates a lower rate for average people needing housing and starting a life through borrowing. Then a higher rate for wealthy and business interest, which would actually lower demand since poor folks to buy stuff.

It isn’t the lack of options, it just isn’t in the interest of the elite.

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laffingriver OP t1_ir8w8iq wrote

yes exactly and what can local gov do when facing a system setup this way ?

politicians like to cut ribbons and developers like to get big checks.

the local PZ committee vote in isnt capable of taking on fed policy designed to ensure their own stock portfolio rises.

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