It could be that the rich are getting into real estate as a hedge against inflation, even if there is no income. But rental income is really nice... the most e

It could be that the rich are getting into real estate as a hedge against inflation, even if there is no income. But rental income is really nice... the most extreme version of this is the Duchy of Cornwall, earning rent since the 1300s (currently $21M) for the Prince of Wales: https://www.princeofwales.gov.uk/features/duchy-cornwall https://www.princeofwales.gov.uk/features/duchy-cornwall