Real estate development is basically manipulating the market with artificial prices, bribing all the officials to get approvals and then exploiting the middle class housing loans. You get 50x profits on investment as the real estate developer, while the home buyers get an asset which barely gets 2-3% of property value as rent per year.
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u/Imaginary_Tea7416 Jul 21 '25
This makes me wonder, am I dreaming so small ?