man wtf does a trailer park landlord even do, other than leech off poor people? isn't it basically a parking lot for trailers? https://twitter.com/smotus/status/1319142601014951936 …
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It is true that developed property jumps up in value over undeveloped land by a LOT, and exploiting this inefficiency is how developers, house flippers and landlords all get their profit margin (the house adds more money to the land than it took to put in to build/improve it)
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But at the same time we all know that the physical house, itself, cannot be an appreciating asset any more than any other physical manufactured thing usually is - houses deteriorate over time with wear and tear, the technology in them goes obsolete as we learn to build better
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