The 400 Year Cycle of Real Estate
The 400 Year Cycle of Real Estate
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Written By: Sam
Video Created By: Gabriela…
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00:00:24 almost never happens. A Caucasian Women almost never picks an East Asian man. I believe the statistics are out of this world low.
Its so bad that in most Western Nations given the chance East Asian women will refuse to even date other East Asians and rather have European men.
9:05 Harder than it looks!
16:53 i think both simultaneously depending on class. If you're too poor to be able to get off world then you'll be left for virtual world while in hiding from the ecological constraints of existing on the surface of earth. Thus you can live a bleak reality but a lavish virtual reality.
00:00 🏠 Real estate has a reputation for both profit and loss, but its longevity sets it apart from other markets.
01:51 🏛 Throughout history, property rights were predominantly in the hands of the elite, such as ancient Greece where only free male adults could own land.
04:05 📜 Feudal systems, particularly under William the Conqueror, marked a significant shift towards land ownership hierarchy.
07:13 🌾 The enclosure acts in England led to the transition from communal land ownership to individual rights, catalyzing the emergence of private property.
10:54 📝 Legal frameworks evolved post-enclosure acts to facilitate land ownership, paving the way for a structured real estate market.
11:48 💰 The Louisiana Purchase of 1803, a significant real estate deal, doubled the size of the United States and demonstrated the economic power of land acquisition.
13:09 🏙 Skyscrapers and commercial spaces exemplify the evolution of real estate markets, with speculation driving market fluctuations.
15:28 🌐 The future of real estate may involve digital properties in virtual worlds or even off-world colonization, posing new challenges and opportunities.
NYC is sinking.
We always had homes and pets lol. Adam and eve started as gardeners.
I’m a new dad, I moved to the Bay Area a few years ago and I’m thinking of purchasing a single family home, but with real estate prices currently through the roof, is it still a good idea to buy a home or should I invest in stocks for now and just wait for a housing market correction? I heard Nvidia and AMD are strong buys.
Under the golden age of Islam people owned thier house that is 1300 years ago. And i am sure other parts of the world other than Europe people did
Who invented feudalism really depends on your definition. Serfdom was invented by the Roman empire in their dying days. They got into so much debt through government spending and debased their currency (i.e. caused high inflation) so badly that skilled workers were fleeing the Empire to live in 'barbarian' lands where they could prosper more (like how well-educated digital nomads are currently fleeing the high rents of Western cities to live somewhere nice in the developing world). The only way to stop this was for Romans forbid moving away from one's town without authorisation, essentially creating a class of serfs that would become the labour force of fuedalism.
'promo sm'
Darin, you should talk about Thomas Piketty's "Capital in the Twenty-First Century".
If Zuckerberg manages to sell you digital real estate, I have an amazing new product for you bottled air come get some before it’s gone!
Ok Village evolution to town was cool so VR
Virtual Reality land will happen first. Space exploration is currently stagnant because SOMEONE likes it that way. Elon to Mars? A pipe dream. Bur VR land? Look to World of Warcraft and EVE Online; they divvy up space and land, and have wars galore. Besides, it's easier to slice something virtual than something physical. (Except cake. And pizza.)
There's so many homes in small town rural Midwest under 50k and small farms with a house for 100k to 150kish. Move. WFH jobs, trades, open a biz, hell even full time at Walmart pays enough to live on out here. I suggest the small farm and be as self sufficient as you can with a handful of cattle, small animals and garden to offset your cost of living. Although there's super cheap houses everywhere in little towns, like I just looked at a 3k sqft house in Parsons KS for 29k, perfectly fine house, needs some updates but just fine. SEKS might not be for everyone, but a town of 10k that has a Walmart, regional hospital, some restaurants and shopping would work for most. I would get 2 hours outside of a big city, like KC or Wichita and at least an hour outside of a medium city. Whatever you decide I would prepare for the hard times that are coming, and the cities will burn…
Your pharaoh stock footage is not historically accurate
Have a plan to fix this. Why I am the man who will win the 2024 US Presidential election by a landslide victory as a write in party free candidate.
(0:48) I am glad our early ancestors had their priorities straight.
outer space property becoming a huge thing should happen sooner because virtual real estate is worthless for the purpose of actual IRL habitation.
Great video man I’m glad you have this other channel. Came here from how money works. I love the hustle. On that note, virtual reality will happen first. Most space companies are money laundering schemes anyway. (NASA gets 50 million a DAY btw)😂
lmfao the metaverse, you’re really taking the piss with this one mate
6:09 They did not inherit or were inspired by Western feudalism. And their systems were very different and sometimes even more complex
Sweet I’m now one of the elites 😈
neither lol
-Can't accomplish either project without the millions of people needed for either project, all which…. ya, kinda need a home, with an internet connection. oh and some food
this is a british history. Before British enclosures stole the common law commons much of the rest of europe allowed commoner ownership of land. England was on the outer edge of romes empire. They were the upstart barbarians whose mercenaries divided and ruled india to fund an industrial revolution at home. And then rewrote the history you teach. In china they created a narco state like the US does in much of south america. The barbarians run the world and brings those techniques home to rule the roost
16:05 It already exists, ipv4 address space is pretty much fully allocated. Public addresses currently go for ~$40/IP
So since it's a cycle, I just gotta wait for the next doomsday property act to revert us all to the next feudalism… where does it cycle?!
Eve online has space renters already.
The future isn't in virtual reality. It costs basically nothing to produce a brand new mile of digital land.
What you're buying with a valuable Minecraft server isn't really the land, but the attention of the players.
It's more comparable to the rights to a stage play.
Space – because they will probably put prisoners to work
Virtual – because servers. I hope neither become our main reality.
“Can you imagine…?” Yea I can. I work at Target.
I bet there is already digital estste market in EVE online.
You failed to mention one of the most important creators of the private property system, when the U.S. sold millions of acres cheaply to anyone who settled and cleared the land, known as homesteading. Millions of families and individuals abandoned Europe to get true ownership of real estate they could live on and sell, after the required number of years of settlement. Also, it is idiotic to think that virtual land has any relationship to real land, as nobody can live there (bodily, anyway) and nothing real can be produced, grown, mined, etc. on these lands to supply real needs. It can only produce some small mental satisfaction by the disconnected young people who suffer from the inability to know the difference between reality and digital simulation, or who want to escape reality (which no one can except through death).
The thing with virtual reality land is that it isn’t limited. You can literally sell infinite amount of spaces in a single building. Also there is no such thing as geography. Prices will be arbitrary and solely based on what someone can sell it for and can be resold to as many people as they want. Anyone that treats it like real estate in the real world is dumb. The thing that would be finite are things like domain names twitter handles etc.
From what I've heard about the Louisiana deal, it was actually a good idea for France anyway. They lacked the power to keep it – it pretty much belonged to France on paper only. Selling it to someone who COULD enforce the newly bought claim to the land had basically zero cost for France – had they tried to keep the land, they would've lost it anyway.
I think VR real estate is likely to become commonplace faster than living on the moon. Unless they drastically reduce the cost of space travel.