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submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 1 points 1 year ago (7 children)

What about all those unfinished buildings that people got in debt to buy?

[–] [email protected] 9 points 1 year ago* (last edited 1 year ago) (6 children)

They are not needed. There is no one to live in them.

They have over a billion excess homes. It was the only thing that normal people could invest in so they just kept building.

If you bought one as an investment, nobody is going to buy them from you. They are worthless.

[–] [email protected] 2 points 1 year ago (2 children)

So what are you going to do with the millions of people relying on that for their retirement savings?

[–] [email protected] 1 points 1 year ago

IMO Social Security is a better solution because not everyone has extra money to invest, and any class of investment can crash.

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