Why is real estate lobby so special and powerful?

It’s now taken as almost axiomatic that no matter what kind of economic reform is proposed, someone or the other will loudly oppose it. Whether it’s insurance, or retail or pensions or airlines or petroleum pricing, the battle lines are clearly drawn, stoutly defended and often not attacked with much determination anyhow. However, there’s one aspect of the economy where the action is mostly underground. No one stands up and opposes fixing this sector and yet, nothing happens.

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