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- May 27, 2021
Partially because of that but it's mostly because real estate in America is predominantly owned by gigantic corporations who've realized that they can make way more money charging rent then selling houses. So they Hoover up all the real estate and land they can find and then dick people mega hard with what is effectively a system of company scrip. There's a reason the number one land owner in the USA is Bill Gates.I went on some USA house sale websites, and, it looks that purchasing homes in San Francisco costs more money than to rent.
Because of HOA fees in San Francisco, I think. A lot of them are very high, which I have not seen when I look on real estates, for other USA places. Other than this, the price is already quite high!