Companies like Vanguard and Blackrock have been buying single family houses everywhere. They’re the ones that out bid other buyers, it raises the prices on all the other homes, which benefits them, instant equity. This excludes many people from ever buying a house. Next, the property tax will force people out of their homes. They will be forced to rent. We won’t be able to afford to drive because of gas prices, so we’ll have to use public transportation. We’ll end up in high rises. Just what the socialists want.
You will own nothing, and be happy.