• Dkarma@lemmy.world
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    1 year ago

    I didn’t claim that tho. I said that moeny goes somewhere…it has to. Either back to the bank for a new mortgage or a condo.

    Op made it look like that money just vanishes. Even in the case of a big bad company they’re paying agents and web designers and advertising.

    Google what percentage of gdp is real estate in the US… https://www.statista.com/statistics/248004/percentage-added-to-the-us-gdp-by-industry/

    Oh look…it’s literally the biggest contribution.

      • Dkarma@lemmy.world
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        1 year ago

        Gdp is added to every time a real estate transaction is closed,yes. Get a clue dude ur out of ur league and simply looking stupid now.