[ihsw2]

I would argue that their wealth composition determines their capacity to move around -- or, more to the point, how liquid their assets are. Real-estate owners are obviously anchored to the land that their property occupies, naturally.

One potential effect is that earned income (ie: wages and salaries) would precipitously fall much faster than cost of living, resulting in the drying up of credit and causing a credit crunch/housing crisis.