@economics_that_works You know as an alternative to buying houses a solution to everything I think renting should build a certain form of equity.
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You know as an alternative to buying houses a solution to everything I think renting should build a certain form of equity. Housing as a retirement nest egg and so on and so forth don’t make a lot of sense for people who might expect to want to move for whatever reason it definitely disadvantages those who don’t want to be pinned down in one place.
But there’s a much wider issue where the only way to build financial security is to go into debt.. /s
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You know as an alternative to buying houses a solution to everything I think renting should build a certain form of equity. Housing as a retirement nest egg and so on and so forth don’t make a lot of sense for people who might expect to want to move for whatever reason it definitely disadvantages those who don’t want to be pinned down in one place.
But there’s a much wider issue where the only way to build financial security is to go into debt.. /s
@GhostOnTheHalfShell @economics_that_works That's intentional, whereas #billionaires and even #millionaires don't have to even pay the same amount of #IncomeTax because they don't do "#WageWork" but #BuyBorrowDie so they don't even pay #CapitalGainsTax most of the time!
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