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Simple economics. The people who purchased the land and built your home got paid. The people who paid them had a mortgage, then they sold the house to you and got paid, so now you have a mortgage. When you sell you will want to get paid, so the people you sell to will have a mortgage. The people who work for the water, gas and electric Companies that provide your utilities need to get paid, so you have utility bills. The Police, Firemen and the people who pick up your garbage need to be paid so you have taxes.

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16y ago

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