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In the modern economy costs expand to fill the available debt financing. See also cars and university tuition.
by recursivedoubts 3y ago
In the modern economy costs expand to fill the available debt financing. See also cars and university tuition.
- lifestyleguru 3y agoThe cost of housing and to some extend education have more dimensions to expand into - investment funds and virtually infinite fortunes of billionaires/oligarchs/sheikhs. Any attractiveness factor of these two multiplies the cost exponentially. Nowadays the "supply-demand" cliche sounds like a ruthless teasing.