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[–] 69 points 1 year ago (1 child)
  • [–] 35 points 1 year ago

    A lot of the cash will go on healthcare. But a bunch will go on trips in retirement and other stuff..of course no wealth transfer any more except for the uber wealthy.

    It's a case of the young no longer having a large sun of money at once to buy a house while also taking housing off the market. This reduces supply and demand keeping prices somewhat affordable for corps but out of reach for people. Renting is the new serfdom.

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