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WeWork founder remains a billionaire even with firm’s bankruptcy | The Straits Times
(www.straitstimes.com)
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The advantages you mention are a result of inflated values. Your parents generations could much more easily buy a property and decide to sell it within a few years to move somewhere else.
back when I was growing up (I'm under 30) a normal middle class family could own a whole ass house with more rooms than people. today's housing market is not normal