I’ll take a crack.
It doesn’t take 20 years to build a building, even a large housing project. If you’re including the planning, financing, management, and value engineering stuff - yeah it takes longer than the actual physical building, but no where near 20 years in total. Unless someone who would say as much is being disingenuos and including all time from concept to completion, combined among all individuals involved.
Also, in previous comments you said they spent a billion a year. Then, in a follow-up comment you said “if they save their money for 10 years”. So I’m wondering if you imagine building a housing project costs 10 billion?
Sounds like if the they are actually garnering a billion a year, building housing should be totally workable.
Umm… eBay was around before amazon and was largely successful. So no, he isn’t a ground-breaker, nor am I suggesting eBay was either. And yeah you can talk about differences between their platforms but my point still stands.
All of these types “stand on the shoulders of giants” as they say. Except the giant is the taxpayer money that created the fertile ground that allowed their wealth in the first place. (E.g. the internet) And when they’re sufficiently successful, they love pulling up that ladder you and I and everyone else paid for.
Private profits, public losses. Same as it ever was.