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Any analysis that forgets housing is a store of value is worse than useless.
Progressive state representative Enrique Sanchez is entirely wrong, here:
Housing is a store of value. People will put up their own money for their own homes and for investment properties. If they’re not doing so — especially as the demonstrable value climbs and climbs — then government is doing something wrong to prevent it. This is absolutely clear and rudimentary analysis.
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