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by closedloop129 1385 days ago
'You' was meant in a general way. Somebody sells a house, the money exchanges hands several times, and then somebody else can build a new house - unless the money ends up in Maranello.

The desirable locations are a renewable resource. Portugal could build new desirable areas. They could even turn this into a recurring business and sell them to international investors, too. Instead of building suburban sprawl they can build more urban clusters.