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Economics is not a zero sum game. Who was harmed by the construction and eventual sale of this property?
Many working people certainly benefited.
Stop kidding yourself. These types of purchases are made as an effect of the free markets, or demand economics.
It was reflective of great inequality, and the power a few have to control the market to benefit themselves exclusively.
People always buy into to what the powerful of their time say. You buy into the fact that this guy creates jobs, supports the economy, and honors the free market system selflessly. You'll wake up and see people like him are not interested in funding a health free society.
And this is just one of his many homes. He has purchased others recently including a 122M one in London. Some people collect cars, he collects multi-million $ artwork and homes.
It really is sick when we have such extreme income inequality. This is one guy who can afford to pay the 70% tax rate on his excess riches...
Economics is not a zero sum game. Who was harmed by the construction and eventual sale of this property?
Many working people certainly benefited.
Those who in fact did read the linked article would have noted that this guy isn't exactly hoarding his wealth. He's spending it on real estate, collectible art and distributing it among a number of charitable causes (among many, many other things, no doubt.) This guy is a one-man economic powerhouse. Frankly...he's more valuable to his fellow man doing what he's doing than a hundred governments full of slavering socialist bureaucrats who pretend to care about the downtrodden taxpayer by ripping them off via confiscatory taxation.
And this is just one of his many homes. He has purchased others recently including a 122M one in London. Some people collect cars, he collects multi-million $ artwork and homes.
It really is sick when we have such extreme income inequality. This is one guy who can afford to pay the 70% tax rate on his excess riches...
I'm not envious of wealth that's off my spectomitter (and maybe yours too ). "More power" to 'em. I mean, did you check out whoever the prior owner was and ream them too? OMG, how much profit did they make, I mean take!?! (Shame on takers!) And, what risk were they taking with a real estate market of three or so buyers?
I suggest, try not stressing about it. Most always our own sheet and circle is just fine - so don't worry, be happy.
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). "More power" to 'em. 
I mean, did you check out whoever the prior owner was and ream them too? OMG, how much profit did they make, I mean take!?! (Shame on takers!) And, what risk were they taking with a real estate market of three or so buyers? 
