4 ms·
While land value appreciation (which gp cited) isn't part of GDP, rent (and imputed rent) are part of GDP, so that still flows through to GDP (at least to the e
by jmalicki 7y ago
While land value appreciation (which gp cited) isn't part of GDP, rent (and imputed rent) are part of GDP, so that still flows through to GDP (at least to the extent that rent and property values are related).
- marsokod 7y agoExactly, rent and loans/mortgages interests linked to the appreciation of assets are all included in the GDP.