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SportySaturn t1_it8roc5 wrote

Reply to comment by bdubthe1nonly in Many countries have a "hidden welfare state" for incumbent homeowners, as governments subsidize homeowners through the tax system. The homeownership welfare state is strongest in the US and other Anglophone countries, but weakest in the Scandinavian countries. by smurfyjenkins

Because we're making new people but not new real estate*.

You should learn the difference between an investor being on the cap table of a company and another company that the investor owns a portion of owning the company in question. They're pretty different ideas.

*Save for a few cute examples like in NYC.

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