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Why 'build, baby build' won't be enough to fix housing

Why 'build, baby build' won't be enough to fix housing

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John Pasalis says building more housing isn't the only solution to high home prices. It ignores an even bigger problem: investors. He explains how decades of low interest rates and tax policy have turned us into a nation of real estate speculators — and until we fix that, prices aren't going anywhere.

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