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What is renting?
(lemmy.ml)
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this post was submitted on 09 Jan 2026
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There was a problem with using housing as an investment vehicle, yes, though the state took action against that, destroying the "market" for balooning housing prices.
How did they deflate the market? So it wasn't social pressure but rather economic pressure that led to it?
"Houses are for living, not for speculation."
The state implemented strong controls on credit and to curb debt in the property sector. Strong positions against real estate investment.