Why does Bill Gates own so much farmland?

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That's mostly true. Floating cities have been an idea for some time. Also, we will be at the peak of the ice age cycle eventually, with all the ice melted. There will be less accessible land surface.

And what do you think happens over the long run when this plays out over centuries?

Answer: lower class revolt.

China in 1250 was richer per person than in 1850. They were internally stable and had no foreign invaders in this time period.

What happened was the rich kept hoarding the land and the growing peasant population got smaller and smaller plots.

By the time Mao came around, his forces came into villages and shot the landowners. They would then turn to the peasants who were near starvation anyways and say, "join me or they will come back and shoot you."

We actually have plenty of land, but what landowners also do is put heavy regulation on the usage of the land to keep prices high.

Probably planning to grow weed - most profitable crop.

He did that as well!

https://www.gatesfoundation.org/ideas/m ... tion991013

Thank you gates foundation!! !

I bought my land around thirty years ago, paid $18,000 for twenty acres ,mostly wooded ,and an unfinished house.
Twenty acres and a crap shack are now going for around $300,000.

They dug into the data and got proof that giving women control over their reproductive systems improves the economic circumstances and cultural conditions of a society. When not overwhelmed trying to feed kids they didn’t intend to have, women tend to be huge economic drivers and positive forces to keep a community organized, comfortable and safe. Funny how much good birth control pills can do.

Well said.
Add to this the fact that so many people in our world, and in our county are living without adequate housing, food, education, or healthcare. How bout if we solve that first?

The deduction doesn't matter. What matters is the ability to take out a personal loan backed by the asset. You can borrow against personal assets and pay zero taxes on what you take out.

This is the equivalent of taking out a home equity loan on your mortgage.

The operating income roughly equals borrowing expense used to fund the capital purchase, as you mentioned. The asset is owned by a rich individual who takes out a personal loan against it.

The assets sole purpose is to grow faster than the interest rate of the personal loan.

Its easier for a bank to put a 1st or 2nd lien on property and ensure that its only used as collateral once for a loan than it is for stock equities.

Banks cant legally invest in properties they have to make loans as assets so this is their way of getting safe cash flow from real estate.