Housing costs have become completely detached from wages. Major changes need to be made, such as nationwide rent control, punishing taxation on real estate speculation/house flipping, forcing banks to stop snowwashing (already illegal), bans on AirBnB type rentals where housing is in short supply, and capital gains taxes on primary residences, or we're in danger of becoming a nation of renters indebted to REITs. Feel free to disagree. #REIT #realestate #houseflipping #snowwashing #homelessness