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How about we start with the largest wealth holding: property. One individual can own an entire town and charge people to live there indefinitely. This gets pa
by _factor 3y ago
How about we start with the largest wealth holding: property.
One individual can own an entire town and charge people to live there indefinitely. This gets passed via inheritance and no longer equates to the initial building value.
On a micro scale, the timeframe for owning investment properties should be limited. They provide a service, but over a long period of time the owner is simply a leech.