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Inequality is growing, because the higher property prices are, the greater the advantage that accrues to those whose parents own their homes.
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I thought this was interesting. Not that Calgary is anywhere near London when it comes to home prices but as cities grow the land is historically priced out of reach from most citizens that don't already live there. "Old Money" forms as family's sit on their land over many generations.
As an inner city resident on a fairly "big" chunk of land the idea of banning all greenfield development could do wonders for my net worth!
