Left’s new income-inequality talking point: Bill Gates could buy Boston

Left’s new income-inequality talking point: Bill Gates could buy Boston

[Ed. – Yeah, but why would he want to?  If you’re going to buy something, buy, like Greenland, or Wyoming.  There’s a reason why no one buys cities.  They’re nothing but trouble: full of people with weird habits, expecting services and whining all the time about how other people talk, smell, or look at them.  We can all imagine Larry Page — or ourselves — buying Tahiti, or Saskatchewan.  But Boca Raton?  LOL.]

If Bill Gates took every dollar of his net worth (most of which comes from Cascade Investment, his investment firm, as well as Microsoft), he could afford to buy every home in Boston — and still be worth more than a billion dollars, according to a new report from the online real estate site Redfin. …

[F]or Seattle, Redfin calculated that 241,450 homes in the city are worth a combined $111.5 billion dollars. Bill Gates could afford each of the 114,212 homes they included in the Boston calculation (total cost: $76.6 billion), but he couldn’t buy every home in Seattle. The Walton family that founded Wal-Mart could afford every home in Seattle, but only if they teamed up. …

Mark Zuckerberg, who reportedly spend more than $30 million last year buying up homes near his Palo Alto house, could take his Facebook money ($28.2 billion) and buy every home in nearby Berkeley ($25.9 billion, according to Redfin). Or he could decide to buy up a few Zucker-bergs (sorry) across the country, purchasing Corvallis, Ore. ($9 billion), Punta Gorda, Fla. ($10.1 billion) and Oak Park, Ill. ($7.6 billion) with $1.5 billion left over.

Redfin also mapped the cities certain billionaires could purchase, offering a glimpse of a possible future wherein Larry Page doesn’t just retire to Boca Raton, Fla., but instead opts to buy the entire city out from under your grandparents.

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