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Last I checked, my mortgage does in fact have interest on it, and the company that services that loan does have employees.
by fridif 5y ago
Last I checked, my mortgage does in fact have interest on it, and the company that services that loan does have employees.
- eli 5y agoSure, a call center. Same as any business that sells a service to the public.
- rtpg 5y agoYeah I mean it's not zero, but there's a lot of capital going into a thing that's not employing _that many people_, even beyond the value judgements around that. Granted, maybe "real estate" here also means construction (which has its issues but I mean, people are building stuff). But I'm imagining more the "let me invest in buildings and make money off of it"-style industries.