What's stopping extremely wealthy people from offering free housing?
Let's say I have 100 million sitting in the bank and I wanted to build a project of condominiums or a small neighborhood of houses to offer free home ownership to some families seeking housing or a neighborhood of mini-homes for the homeless who can't work. For the neighborhood of ownership, I would leave utilities and property tax up to them since I'm giving it away ownership to them. What stops billionaires from doing this since it's never been produced?
AI results say "their wealth is tied up in stocks" yet they go around buying multi-hundred million dollar mansions for themselves or fly themselves up into space.