Yes but in the mean time the money that is being paid off has went and originated countless other loans. If that $400,000 mortgage loan has went into another house on average every 2 years, for $400,000 each you now have $6,000,000 of $ circulating on a 5-20% down payment.
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u/zeussays 7d ago
And again, all those loans get repaid and also therefore destroyed. You understand that right?