Most "wealth" is just government regulations. Property is the prime example.<p>Imagine you own an empty block of land. If it is zoned that no building is allowed, it is almost worthless. But if you are allowed to build a house it worth much more. The only difference is government regulations.<p>If you are allowed to multiple homes or an apartment block then you land is worth much more.<p>Tk : DR - Over 80% of real estate value creation is changes in land use.