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Monetary premium is the word to describe this. People use housing as a way to save their money because the gov. and banks print so much money and inflate our c
by martinbaun 3y ago
Monetary premium is the word to describe this.
People use housing as a way to save their money because the gov. and banks print so much money and inflate our currencies away.
In the countries, where people trust the governments and banks less, the prices of houses are usually a lot higher proportionally to the income of the people.
Why? People do anything to save in real estate instead of saving in the bank or equities.