It is the alure of ARR (Annual Recurring Revenue) driving this. A predictable stream of income is sometimes more attractive even than profit, at least from an accounting standpoint.
Agreed. “You will own nothing and like it.”
The new place I just moved to in Oregon is building endless rows of apartments. I haven’t seen a single family home built anywhere. But there must be thousands of apartments going up.
The drug companies figured this out years ago.
They don’t make medicines to cure anymore. They focus on maintenace drugs you take for life.