Re:Make elites compete: Why the 1% earn so much and what to ...
by effie on Saturday March 26, 2016 @08:29AM
(#11365403)
Why would selling houses en masse be necessary condition to call the owners wealthy? The mere ownership makes them wealthy, not their selling activities.
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Re:Make elites compete: Why the 1% earn so much and what to ...
by Ericson2314 on Saturday March 26, 2016 @09:00AM
(#11365500)
We care about wealth because we care about power. An liquidity asset is like an empty threat.
It is very true while real-estate in the abstract is liquid enough, nobody likes to move so owner-occupiers are hard to compare to landlords, traders of real estate, etc.