this post was submitted on 28 Sep 2025
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Science Memes

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[–] prototact@lemmy.zip 5 points 1 day ago

Yeah exactly, housing is used as a value storage for large players when they need to use a generic asset in between investments. It's relatively safe but its value is passive, it is driven by the rest of the market. Plus it's great for money laundering and bribing politicians or officials. So all this manipulation raises the prices for everyone, and most people don't benefit from it. It's just so greedy and abusive.