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Not really, as I wrote above, it's using my money to pay for other people's homes. It's also increasing the demand for housing, which in turn pushes the prices
by tomp 11y ago
Not really, as I wrote above, it's using my money to pay for other people's homes. It's also increasing the demand for housing, which in turn pushes the prices higher, encouraging speculators and helping them.
- cbeach 11y agoIt is helping existing speculators, indirectly, but it's altering the balance of who's in the market.
- thesimon 11y agoWell, it's also using your money to pay for roads you don't use. That's like the concept of taxes. But it also allows "normal" people to buy houses apposed to just rich foreign people.
- tomp 11y agoThe roads are for everyone to use. The houses aren't.