The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Elroy Jetson who wrote (36944)	8/4/2005 6:26:56 PM
From: Moominoid	Read Replies (1) of 306849

People who talk about the rich just getting richer need to wait a generation or too :) War, tax etc. inheritance splitting the wealth up and then the following generations who subtract value (as we have been hearing following Lachlan's resignation) like my father's uncle who wasn't such a good trader as his ancestors it seems. My father's half sister in London claims she is poor though she inherited her father's business in metals trading. She has a house and a lot of antiques but doesn't want to give that up. At some point a generation takes the brainpower and reinvests it well and starts the cycle all over again...

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