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A comment on Low interest rates in advanced countries have pushed money into real estate. Parent comment

Re:Low interest rates in advanced countries have pushed mone... by bagels on Wednesday November 24, 2021 @03:54PM (#29335020)
Ocean is full of water. It just costs money (maybe a lot) to desalinate it.
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Re:Low interest rates in advanced countries have pushed mone... by bumby on Wednesday November 24, 2021 @04:59PM (#29335665)
(And to move it).

That just pushes it to another zero sum game of money.

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Re:Low interest rates in advanced countries have pushed mone... by bagels on Wednesday November 24, 2021 @07:34PM (#29336944)
Why does it matter if it's zero sum? Sometimes things we need aren't free.
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Re:Low interest rates in advanced countries have pushed mone... by bumby on Wednesday November 24, 2021 @08:13PM (#29337198)
The GGP post was claiming housing was zero-sum. Posts responding to it seem to be trying to contradict it.

My point is that in a world of finite resources, it's going to be zero-sum at some point whether that's land, water, money, labor, or something else. It's not good or bad, but you do have to pick your poison to a certain extent.

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