Re:Investors bought a record share of U.S. homes in 2021
by jp42 on Thursday February 17, 2022 @12:43PM
(#30376146)
for those who dont know. Read about "Cantillon Effect", it basically means whoever gets newly printed money first benefits the most at the cost on whoever gets it later.
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Re:Investors bought a record share of U.S. homes in 2021
by arcticbull on Thursday February 17, 2022 @12:49PM
(#30376230)
Nobody, and I mean nobody, seems to have quantified the Cantillon effect. Money is "printed" when a fractional reserve loan is issued. That means when people borrow money. Everyone borrowing new money is doing so from the printer.
Please either quantify the Cantillon effect or find a new scapegoat.
The issue is zoning.