
Does Georgism Work? Is Land Really A Big Deal?
Astral Codex Ten Podcast
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Real Estate Holdings Account for Two Thirds of All Global Real Assets
According to a report by mackenzie lincoln post, real estate holdings account for two thirds of all global real assets. Land represents about forty % of household assets in the usa. It also represents more than 40% of asset values in spain and somewhere between 50 to 60%. If we split that amount among all 209 million american citizens over the age of 18, then anybody sitting on a property worth less than 230 thousand is either going to break even or turn a profit.
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