For many rich people, a property like Sun Valley would be a kind of hobby.
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In Britain, the estate agency Savills has charted the inflow of money from the international super-rich into prime London property.
Greater prosperity is creating tremendous wealth in the country, but that wealth also translates into higher rents as cash-rich Chinese bid up property prices.
So enforcing rich countries' intellectual-property rights, which will often make imports more expensive, is hardly likely to be popular.
Old gentry long disliked the idea of dispersed ownership of property--even if many got rich selling their own estates to developers.
"I would like to see a much tougher approach to the windfalls on property and land values enjoyed by the super rich, " he told delegates.
Ask most what is the biggest economic risk facing China today and you will probably hear about food inflation, property prices, or growing imbalances between the rich and working class in society.
The expectation is that the energy boom will make Turkmenistan rich within ten years and create a property-owning middle class.
But in 2007 the venerable property closed its doors for the first in a rich 118 year history, for three years, until His Royal Highness Prince Charles reopened it.
Newly rich estate agents and retired cola executives circle his property like sharks, but he refuses all offers.
Thanks to rising property prices, it now reaches well beyond the super-rich to touch 560, 000 taxpayers, 42% more than in 2005.
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China, meanwhile, says that it needs not just money but also clean technology, and accuses rich-countries of being tight-fisted with their intellectual property.
Of China's 50 richest people, about half owe their fortunes in large part to property deals, according to Rupert Hoogewerf, the author of China's first rich list.
So many of us have become addicted to rich Chinese helping us out: from Australian resource producers, to Vancouver property sellers, to Americans buying cheap toys at Wal-Mart for their kids.
Absent strong property rights, new breakthrough therapies may never have emerged at all, denying access for rich and poor alike.
With German unification, the waterfront mansions acquired rich new occupants, many of them Wessis who saw the path as their private property.
Rich collectors of antique cars in Connecticut basically get a pass on the motor vehicle personal property tax.
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