Greedy, yeah, right
A lot of that "greed" is because housing inflated so much it cost a million to buy a bungalow. I recall seeing a lousy little yellow crackerboard house at the bottom of my hill, that would have sold for about twenty grand in the fifties inflate to nearly a half million. Ordinary working people had to take out ruinous loans to buy the same house they could have paid down on minimum wage in the fifties. "Make a fortune flipping houses" was the big scam hyped everywhere. Buy a house for almost nothing, flip it, then the next guy flips it, then the next guy flips it, all for a profit for the Same Friggin House. But at a certain point someone has to pay for all those ill gotten gains.
