Submitted by gaudiocomplex t3_zxnskd in Futurology
CyberneticSaturn t1_j22r0d7 wrote
Reply to comment by phoolean in What, exactly, are we supposed to do until AGI gets here? by gaudiocomplex
Real estate. If it’s to the point where you can’t preserve wealth via land ownership then it’s to the point your money is worthless anyway.
CaveDances t1_j23tqoz wrote
The state has a vested interest in making sure your family doesn’t inherit your land. To have it sell every few years on high mortgages is way more profitable to the city than collecting tax yearly as they and the realtors take huge fees every time the property flips.
Viewing a single comment thread. View all comments