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To: Rio

Why are the rich buying land?

I’m convinced they are expecting hyperinflation.

Land retains value when fiat currencies become worthless.


20 posted on 01/15/2022 1:15:36 PM PST by jdege
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To: All

I wonder if these lands can be used for wind or solar energy boondoggles so that the owners cash in when states or the federal government buys the land for said uses, if you also invest in the infrastructure required for those, then it’s a twofer. As to Canadians owning a lot of agricultural land, might be worth delving into that to see if it’s Chinese Canadians. There are plenty, many have no real ties to the PRC but some do.


22 posted on 01/15/2022 1:25:21 PM PST by Peter ODonnell (a cloud has fallen over the lands of the free )
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