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Renting is still housing. Besides, you never actually own a home. You rent it from the city, and the zoning/code rules greatly restrict what you can do with it.

Besides, the statement was "housing", not "owning a home".

The government does a lot to restrict the supply of housing, too.

Don't forget all the expenses one has owning a home. My rent to the city went up 10% this year.



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