The acquisition of real estate as a SoV is ancient but since the neoliberal deregulation of western banking in the 1980s it has been assisted by almost endless fiat debt issuance pumping prices. The lack of comparably attractive investments in productive assets has coincided with this to make the ear of fiat debt leveraged crony capitalism. It is nearing the end of this cycle. While the west has indulged in this massive misuse of fiat debt capital issuance toward non productive purposes China has built a productive economy second to none. These decadent edifices to the west era of crony capitalist misuse of fiat monetary issuance will stand and slowly crumble as the global order shifts to one dominated by China.