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I work at a college, and one of my employees just told me he was just given notice that his 1 bedroom was going from $1050 to $1500. It's a property management company, and folks are profiteering at this point. That's not inflation, it's speculators snatching up everything they can find, and jacking the rents to squeeze out every penny possible.
If I were running the show, any residence owned beyond the one you reside in would be taxed at 100% of value every freaking year. Homes should not be a lucrative investment strategy subsidized by the federal government. They should be homes...
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