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Soaring real estate prices are forcing people around the world to give up hope of owning a home. The fallout shakes governments of all political persuasions.
It is a phenomenon given wings by the pandemic. And it’s not just buyers – rents are skyrocketing in many cities as well. The result is that the perennial problem of housing costs has become a problem of acute housing inequality, and an entire generation is at risk of being left behind.
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