• 2 Posts
  • 13 Comments
Joined 1 year ago
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Cake day: March 20th, 2024

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  • This is why estate taxes are so important. That’s the point that some of that inequality can regress.

    Yachts - sure. I get your point.

    But what this guy focuses on is less luxury goods and more assets - something like - ‘you’re rich, and your finance guys are making money for you. Its only logical that they invest those funds in whichever assets get a good return. Not just stocks - all aasets that are going to make you passive income. One asset class is the housing supply - you can invest in a corp that buys up old houses and rents them out. Now you’re getting a good return, but you’re competing with the middle class for ownership of those homes.’