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Property Pirates.

Now billionaires are hijacking affordable housing.

America's morbidly rich billionaires are at it again, this time screwing the average family's

ability to have decent affordable housing in their

never-ending quest for more, more, more!

Canada, New Zealand, Singapore, and Denmark have had enough and done something about it. We should too. There are a few things, a few things

that are essential to life, liberty, and the pursuit of happiness that should never be purely left in the marketplace.

These are the most important sectors where government intervention, regulation,

and even subsidy are not just appropriate but essential.

Housing is at the top of that list. A few days ago I noted how since

the Reagan revolution the cost of housing has exploded in America relative to working

class income. When my dad bought his home in the 1950s for example

the median price of a single family house was around 2.2 times the median

average the median American family income.

Today the St. Louis Fed says the median house sells for 417,700,

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