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by refurb 2789 days ago
Pretty sure a guy/gal who has $10Bn of disposable income isn’t buying underwear at Target like me, driving up the price.
2 comments

They're not driving up demand, they're driving down supply, by making it relatively more profitable to make the goods that they do want, and thus relatively less profitable to make budget underwear (and other basic goods).
But owning property in your neighborhood my drive up your rents so you need to move.