38
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 05 Dec 2023
38 points (95.2% liked)
US News
2035 readers
144 users here now
News from within the empire - From a leftist perspective
founded 5 years ago
MODERATORS
Only 15%? Those are rookie numbers. They should be accounting for the what if scenario of every renter in the US renting 4 separate houses at once, and add that to GDP!
More like 2/3 at least
https://www.unz.com/lromanoff/us-economic-statistics-unreliable-numbers/
That's no joke, though: the renter pays (1) their own rent (2) the landlord's mortgage (3) the landlord's rent and (4) the bank's owner's rent. I don't have the savvy to work out who lives off the renter's property taxes if they pay those.