re: Housing market not cooling off at all

So private equity bought up all of the housing, re-packaged it to ignorant retail investors via REIT's, and we're really supposed to believe this wasn't planned at the top to inflate property taxes? Not that it's necessarily a bad thing, as it's certainly helped the cities/counties/schools, but it sucks for the homeowners that will end up eating the tax bill and never realize their gains, because this bill is going to pass after Trump wins the election and Biden will sign it into effect, and the forced sales will 100% crater the market. No sympathy for anyone with exposure to REIT's though, you should have just bought actual real property instead of that clown shite