bojacobs, 
I heard Scott Galloway on his TED Talk say high housing costs were due to too many "permits":
"'I own 15,000 houses': Robert Kiyosaki says there's 'nothing wrong' with buying a house — except he uses debt to buy it and 'pay no taxes'"
Also, note that this article is a "how to" article that admires this behavior.
https://moneywise.com/real-estate/kiyosaki-says-nothing-wrong-with-buying-a-house
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