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by natchy 1872 days ago
> this is a huge argument

What was the argument. I didn’t see an argument. That fact that expensive apartments exist?

> let them pay in blood for the privilege

Why? Follow this thread of envy and it ends at a guillotine for anyone with wealth.

2 comments

There is investment of capital with positive value, like in startups.

There is investment with (mostly( neutral value like gold

There is investment with negative value where you buy a resource that everyone needs (like land) and then you hog it and prevent others from using it. For economy to work properly, the latter must be discouraged.

I think the parent comment's argument is that expensive apartments exist _and_ the vast majority of them are not used for living, but rather a place for the uber rich to park their money.

From the article > “But these apartments are turnkey—the kind of person they’re trying to appeal to would never live there.”