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The advantage of property being it will always be worth something.
by dazc 9y ago
The advantage of property being it will always be worth something.
- roywiggins 9y ago> it will always be worth something Assuming a sufficiently friendly state apparatus that enforces the ordinary claims of ownership. If that goes away, or is turned against you, it's not yours anymore. With stuff like real estate, you can't exactly smuggle it out of the country. (This is what the Global Magnitsky Act and international equivalents are meant to do- having your personal assets frozen by the US or UK government suddenly makes your frozen assets somewhat less valuable to you...)
- charlesdm 9y agoSure, if it doesn't end up being confiscated.