Quote:
Originally Posted by iheartthed
If you don't understand why $100M circulating through the economic system is more beneficial than it being trapped into an empty apartment in Manhattan, then I'm afraid that I don't have the patience or communication skills to explain it.
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You're moving the goal post...
1. Under your head scratching logic, wouldn't anyone who purchases a property be guilty of this? or is it just those who own a second home?
2. Someone who is purchasing 100M condo, certainly has hundreds of millions circulating through the economic system, this isn't a zero sum game.
3. All of these supertall in NYC are contributing to teh economy through taxes, and construction jobs.
I seriously can't tell if your comments are based on an Anti-Home Ownership lens or just based on ignorance.