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Business, 30.03.2020 22:53 daartist3121

Suppose an apartment complex converts to a condominium, so that the former renters are now owners of their housing units. Suppose further that a current estimate of the value of the condominium owners' housing services is the same as the rent they previously paid. What happens to GDP as a result of this conversion?

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Suppose an apartment complex converts to a condominium, so that the former renters are now owners of...
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