That’s not true, considering 60% home ownership. How can most homes be owned by billionaires when most people own their homes. Are most people billionaires?
They don’t need to own all of them, just slightly more than the turnover/growth rate. If a community only has 2% of people moving in/around, and billionaires own 4% of the houses in an area, they can still jack up the prices, which changes the value of all the homes
That’s not true, considering 60% home ownership. How can most homes be owned by billionaires when most people own their homes. Are most people billionaires?
They don’t need to own all of them, just slightly more than the turnover/growth rate. If a community only has 2% of people moving in/around, and billionaires own 4% of the houses in an area, they can still jack up the prices, which changes the value of all the homes
Not what I said my guy.