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Why would selling houses en masse be necessary condition to call the owners wealthy? The mere ownership makes them wealthy, not their selling activities.
by effie 11y ago
Why would selling houses en masse be necessary condition to call the owners wealthy? The mere ownership makes them wealthy, not their selling activities.
- Ericson2314 11y agoWe care about wealth because we care about power. An liquidity asset is like an empty threat. It is very true while real-estate in the abstract is liquid enough, nobody likes to move so owner-occupiers are hard to compare to landlords, traders of real estate, etc.