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You can rent out real estate. House hacking, Airbnb, boring rental, etc.
by devoutsalsa 3y ago
You can rent out real estate. House hacking, Airbnb, boring rental, etc.
- peter422 3y agoAnd you can sell otherwise non-revenue generating assets if you need to. If you want to say it's difficult to tax illiquid assets, that's fine. But it's not impossible and while it would just change people's relationships to these types of assets (maybe in a good way for society), it's not going to be the end of the world.
- masfuerte 3y agoSure, and the rich person can charge people to look at their valuable artwork.