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A comment on Investors bought a quarter of US homes sold last year. Parent comment

Re:Investors bought a quarter of US homes sold last year by ThunderSizzle on Tuesday August 23, 2022 @06:13PM (#32572295)
If debt doesn't matter, then why do any of us pay any tax? We can just replace all taxes with more debt.
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Re:Investors bought a quarter of US homes sold last year by toomuchtodo on Tuesday August 23, 2022 @07:55PM (#32573226)
Taxes and debt, while on the surface appearing to be similar obligations, have drastically different recourse options and enforcement mechanisms. Debt creates money, and if you subscribe to modern monetary theory, taxes destroy money.
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