Exclusive zones can be compared to buying rare coins or art, in that the market is the wealthy who always have money or in this case are also fleeing economic distress and totalitarianism in other places. This appears to me to be more reflective of an excess in the supply of concentrated monetary wealth world-wide and insufficient productive investment opportunities. This is up held up by a $200+ trillion global debt and $quadrillion of global financial derivative leverage.

The recent proposal (or law?) to raise taxes on resident foreigners who try to pretend they are not residents by some loopholes does not affect apparently the buyers who purchased above, but it does apparently affect a large swath of the upper end of investment real estate in the UK and this will be reflected broadly but not in some acute rarities such as Towers in the prime districts.


Without organized governance and society, who will keep the pumps working to prevent the Netherlands from being retaken by the ocean?

Don't say it is impossible. Chaos is non-linear.



http://www.dailymail.co.uk/news/article-2567384/Huge-pumps-Holland-brought-end-misery-flood-hit-Somerset-Levels.html