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> because there are no other levers left.

That the government is allowed to use.

Cost of living in cities is sky high, rent and property prices are a huge part of that. The solution, rezone and build crap tons of housing, is politically untenable due to a vocal minority.

Increasing corporate taxes, or just taxes in general on the upper brackets, another lever that isn't available in the current political climate.

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I agree with the solution but I don't think it's a minority stopping it. Even the people who can't afford housing don't want to do that, they just want a 4 bedroom house with a big backyard that magically costs a lot less.

Yup someone has to foot the bill for the reckless policy dictated over the past few years. And as it was in 2008 the middle class will pay for it again.

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