Except that isn&#x27;t playing out. There is no motivation to move to Elysium or Galt&#x27;s Gulch because it takes a lot of money and effort to transport the worlds elite to one place.<p>And to be elite is to be superior to peers. A huge part of the ethos of power is that you need the powerless to prove your position.<p>The rich and powerful already own tremendous vast swathes of the world under the control of governments recognizing private property rights. (adjusted for land value, because I&#x27;m mostly talking about owning inner cities, but they also own the industrial complexes and megafarms). Again, supply and demand sets in, and when you use real estate as an investment and asset and are constricting its supply in most parts of the world as a source of revenue and profit, you aren&#x27;t going to give that away any more than you will give away the robots.<p>The property market is as bad as the labor market in how concentrated power is becoming. And property is not competitive at all since its a fixed resource and the value of it is only relative to its location which cannot be reproduced or innovated upon. Easily, at least.