3 ms·
Sounds about right. Add compounding stock gains on the inherited wealth, rent and growing land prices, and you'll have more than half. > This proportion will p
by kubb 5y ago
Sounds about right. Add compounding stock gains on the inherited wealth, rent and growing land prices, and you'll have more than half.
> This proportion will probably drop if we exclude land.
Sure and if we exclude stocks it will drop further, but there's no reason to exclude land, the single most important form of property, from the calculation.