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Re:The Covid-19 pandemic is forcing a rethink in macroeconomics by nine_k on Saturday July 25, 2020 @02:14AM (#23947210)
> Who wants to have a mortgage on a house that is going down in value every year?

People rent housing, paying monthly and knowing that they'll have nothing to own in the end. People even stay in hotels.

They are buying a service: a place to live under their control, where they want it.

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