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FWIW, requiring 20% down to obtain a mortgage would fix all of this.
I'd just say eliminate mortgage in this country! Let the sheeple spend money on everything else except housing and this country will take off into 22nd century!!
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Have been trying to find a family friendly 3+ bedroom *RENTAL* around South Bay.
Supply seems to be limited.
Even crappy homes / town-homes are asking for $2300+ in rent.