Example Grandma bought a house in a regular area in 1970 That house is by now paid off. She no longer has that expense and is leaving generstional wealth because in time even with ups and downs that asset has outpaced inflation.
Replies
No, it's causing inflation, because housing is people's single biggest expense.
may 17, 2025, 12:11 am • 0 0 • view
It is not in society's interest to create a landed gentry class that can inherit real estate tax-free. That asset needs to be heavily estate and property taxes and the revenue used to reduce taxes on workers.
may 16, 2025, 1:40 pm • 40 1 • view