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tasukitoday at 8:46 AM2 repliesview on HN

> A couple of years ago an estate - that included a 9 bedroom country house, plus an entire village with a population of 100 people, and a church - was sold by noblety near where I grew up. The price was in the low tens of millions, not that much.

Entire village? How's that work? What can the new owner do with the village? I imagine the inhabitants aren't enslaved?


Replies

roryirvinetoday at 9:31 AM

Collects ground rent. A few hundred pounds each year from everyone who owns property or land in and around the village.

ForHackernewstoday at 9:27 AM

Same thing landlords have done forever: Collect rents on their capital.