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No they are adding zero value, they are riding off the corrupt system and taking labour from others. Also in most casts they are not putting capital in, they a
by branchless 10y ago
No they are adding zero value, they are riding off the corrupt system and taking labour from others.
Also in most casts they are not putting capital in, they are borrowing from a bank who create the debt. They are little more than outsourced debt collectors.
- thaumasiotes 10y agoYou specifically state that they are adding value. Going up by labor and materials means value has been added.
- branchless 10y agoYes but my main point is that the primary gain was on the land due to govt policy. These people are typically amateurs who basically paint a wall. Unskilled labour plus a few $K in materials == not much. Yet the gains are significant.