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> many many more people would still be renting and likely not building at least some wealth/equity. This seems true intuitively, but if you think deeper, where
by analyst74 5y ago
> many many more people would still be renting and likely not building at least some wealth/equity.
This seems true intuitively, but if you think deeper, where does that accumulated wealth/equity come from? They are paid by future generations of regular people, or generational wealth transfer as some call it.
- sologoub 5y agoAnd if you pay rent, where does that go? Especially when renting from a large company? Better more folks accumulate at least something.