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jmalicki
on Sept 17, 2019
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China's slowdown deepens; industrial output growth...
While land value appreciation (which gp cited) isn't part of GDP, rent (and imputed rent) are part of GDP, so that still flows through to GDP (at least to the extent that rent and property values are related).
marsokod
on Sept 17, 2019
[–]
Exactly, rent and loans/mortgages interests linked to the appreciation of assets are all included in the GDP.
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