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nickcox
on June 22, 2021
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Ever-increasing home values are a Ponzi scheme
There is definitely a serious intergenerational fairness issue here. One of the best expositions of the problem I've seen is this talk by Tory peer (and boomer!) Lord David Willetts.
https://www.youtube.com/watch?v=ZuXzvjBYW8A
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https://www.youtube.com/watch?v=ZuXzvjBYW8A