The Super Wealthy Buy Real Estate Rather Than Stocks

For the same reason VW wants to charge Audi prices, Audi wants to charge Bentley prices, and Ford wants to charge Porsche prices: the margin between cost to build, and sell price, increases, and you pocket more loot for every percentage point of sale price increase.

Everyone wants to go “upscale” these days, because they can make more loot, while doing less.

Steve

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