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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 398.89+0.1%Dec 30 4:00 PM EST

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To: Maurice Winn who wrote (79612)9/14/2011 10:02:09 PM
From: arun gera  Read Replies (1) of 218863
 
Isn't the market rent already taking account in an amortized fashion the return on the assets built over 100 years? Thank the migrants for increasing demand for the older resident's assets and services.

In american cities, white flight in 1970s resulted in abandoning of the 200 years of assets in the large cities. New immigrants in 1980s and 1990s brought vitality back. The cities with fewer immigrant populations (like Cleveland) remain dead.

> If they rent a place in Vector's area and get an electricity account, one day they get a cheque in the mail. "Huh? What's this?" They have contributed nothing to building the electricity network but they score the value of the assets built up over 100 years. "Hmmm... NZ good place. Me like.">
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