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forebill t1_it93657 wrote

Reply to comment by Smooth_Imagination 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

It makes a huge difference in cost. Without the incentive to own instead of rent massive amounts of wealth would be drained from the middle class. That would have massively terrible consequences.

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