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If people were less focused on acquiring wealth (such as property), or their estate needed to sell much of it when someone passed, it would probably bring the p
by opportune 7y ago
If people were less focused on acquiring wealth (such as property), or their estate needed to sell much of it when someone passed, it would probably bring the prices down as a whole - demand would be less and there would be much more liquidity. For things like housing, that would be good for everybody. All those houses wouldn't magically disappear, they would just be cheaper, because a lot of the investment/speculation demand would fall.