There’s plenty of thinkpieces around getting conceptually, the idea of a billion dollars, which is notoroiously extremely large.
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There’s plenty of thinkpieces around getting, conceptually, the idea of a billion dollars, which is notoriously extremely large. Here’s mine: the median price for a Sydney house is somewhere around $1m, maybe a bit more. A billionaire would be able to own a thousand houses in Sydney, maybe a little bit fewer. A thousand houses is something everyone can *get*.
And then ask: why the fuck should anyone own a thousand houses when most people don’t even own one
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@liamvhogan it should attract a nasty financial deterrent.
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But we can go on: in fact very very few people actually own one thousand houses in Sydney. There’s Harry Triguboff, maybe one or two others. Most landlords, even ‘big’ landlords, own far fewer houses than that. It’s spread out to lots of smaller families and trusts.
So taking something everyone knows is viciously unequal, like the housing market in Sydney, we can say that the existence and power of financial billionaires is significantly more unfair than that.
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@liamvhogan nobody should own 5 houses. 1000 is out by orders of magnitude
