Having never actually worked in the real world, and always wondering "how to make money" in theory ...
why hasn't property prices gone back up?
it seems that in these days, rich people (like those with dynasty wealth) can easily buy up entire blocks ... wait until prices go back up, and rent them out in the future?
like in the biblical story, when Egypt had the huge food famine, the rich (Pharaoh) bought up all the poor people's land
except that in this case, why aren't the rich and wealthy buying it up? seems like a beautiful 'hack' in the classical sense
why hasn't property prices gone back up?
it seems that in these days, rich people (like those with dynasty wealth) can easily buy up entire blocks ... wait until prices go back up, and rent them out in the future?
like in the biblical story, when Egypt had the huge food famine, the rich (Pharaoh) bought up all the poor people's land
except that in this case, why aren't the rich and wealthy buying it up? seems like a beautiful 'hack' in the classical sense